Capital Advisors Wealth Management LLC Boosts Stock Position in JPMorgan Active Bond ETF $JBND

Capital Advisors Wealth Management LLC raised its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 1,843.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,190 shares of the company’s stock after buying an additional 169,022 shares during the quarter. JPMorgan Active Bond ETF comprises about 1.3% of Capital Advisors Wealth Management LLC’s investment portfolio, making the stock its 18th biggest holding. Capital Advisors Wealth Management LLC owned about 0.17% of JPMorgan Active Bond ETF worth $9,635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Captrust Financial Advisors purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter worth $226,490,000. Private Advisor Group LLC grew its position in JPMorgan Active Bond ETF by 293.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock valued at $107,710,000 after purchasing an additional 1,483,659 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at about $72,691,000. Bridgewater Advisors Inc. bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at about $53,477,000. Finally, Raymond James Financial Inc. increased its stake in JPMorgan Active Bond ETF by 171.6% during the 3rd quarter. Raymond James Financial Inc. now owns 1,026,382 shares of the company’s stock valued at $55,589,000 after purchasing an additional 648,507 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of JPMorgan Active Bond ETF stock opened at $53.65 on Monday. The company has a 50-day simple moving average of $54.15 and a two-hundred day simple moving average of $54.20. JPMorgan Active Bond ETF has a 52-week low of $51.96 and a 52-week high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1891 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, February 2nd. This is an increase from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19.

About JPMorgan Active Bond ETF

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.