Cooper Financial Group Buys 10,410 Shares of JPMorgan Active Bond ETF $JBND

Cooper Financial Group lifted its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 8.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 129,912 shares of the company’s stock after purchasing an additional 10,410 shares during the period. JPMorgan Active Bond ETF makes up about 0.7% of Cooper Financial Group’s investment portfolio, making the stock its 27th biggest position. Cooper Financial Group owned approximately 0.13% of JPMorgan Active Bond ETF worth $7,024,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of JBND. Aptus Capital Advisors LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the third quarter valued at approximately $26,000. True Wealth Design LLC acquired a new position in JPMorgan Active Bond ETF during the 3rd quarter worth $36,000. Cornerstone Planning Group LLC acquired a new position in JPMorgan Active Bond ETF during the 3rd quarter worth $38,000. Whittier Trust Co. of Nevada Inc. bought a new position in JPMorgan Active Bond ETF in the 3rd quarter valued at $65,000. Finally, Advisory Services Network LLC bought a new position in JPMorgan Active Bond ETF in the 3rd quarter valued at $66,000.

JPMorgan Active Bond ETF Price Performance

NYSEARCA JBND opened at $53.46 on Friday. JPMorgan Active Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.78. The stock has a fifty day moving average of $54.25 and a 200-day moving average of $54.24.

JPMorgan Active Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1734 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%.

JPMorgan Active Bond ETF Profile

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.