36,100 Shares in JPMorgan Active Bond ETF $JBND Bought by Sherman Wealth Management LLC

Sherman Wealth Management LLC purchased a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, Holdings Channel.com reports. The fund purchased 36,100 shares of the company’s stock, valued at approximately $1,955,000. JPMorgan Active Bond ETF makes up about 2.0% of Sherman Wealth Management LLC’s holdings, making the stock its 13th biggest holding.

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

JPMorgan Active Bond ETF Stock Down 0.1%

Shares of JBND stock opened at $53.34 on Friday. JPMorgan Active Bond ETF has a 52-week low of $51.96 and a 52-week high of $55.78. The company has a 50-day simple moving average of $54.18 and a two-hundred day simple moving average of $54.22.

JPMorgan Active Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1891 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, February 2nd. This is a boost 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.