WESPAC Advisors LLC Has $7 Million Stock Position in JPMorgan Active Bond ETF $JBND

WESPAC Advisors LLC boosted its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 40.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 129,477 shares of the company’s stock after acquiring an additional 37,081 shares during the quarter. JPMorgan Active Bond ETF accounts for 3.8% of WESPAC Advisors LLC’s holdings, making the stock its 2nd largest holding. WESPAC Advisors LLC owned 0.13% of JPMorgan Active Bond ETF worth $7,001,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pallas Capital Advisors LLC increased its stake in shares of JPMorgan Active Bond ETF by 9.4% in the 4th quarter. Pallas Capital Advisors LLC now owns 683,422 shares of the company’s stock valued at $36,953,000 after purchasing an additional 58,449 shares during the last quarter. Petros Family Wealth LLC acquired a new stake in JPMorgan Active Bond ETF in the fourth quarter valued at about $306,000. Sherman Wealth Management LLC acquired a new stake in JPMorgan Active Bond ETF in the fourth quarter valued at about $1,955,000. Peak Financial Advisors LLC bought a new position in JPMorgan Active Bond ETF in the fourth quarter valued at about $15,046,000. Finally, Lifelong Wealth Advisors Inc. raised its stake in JPMorgan Active Bond ETF by 2.0% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 650,520 shares of the company’s stock worth $35,174,000 after acquiring an additional 12,613 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

JBND stock opened at $53.34 on Monday. JPMorgan Active Bond ETF has a 12 month low of $51.96 and a 12 month high of $55.78. The firm has a 50-day moving average price of $54.18 and a 200-day moving average price of $54.22.

JPMorgan Active Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1891 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change 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.