JPMorgan Active Bond ETF $JBND Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 11.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 158,415 shares of the company’s stock after purchasing an additional 16,848 shares during the quarter. Axxcess Wealth Management LLC’s holdings in JPMorgan Active Bond ETF were worth $8,580,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its stake in shares of JPMorgan Active Bond ETF by 63.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock valued at $91,111,000 after acquiring an additional 661,624 shares during the last quarter. Diversified Portfolios Inc. boosted its holdings in shares of JPMorgan Active Bond ETF by 9.0% in the 2nd quarter. Diversified Portfolios Inc. now owns 1,625,209 shares of the company’s stock valued at $87,095,000 after purchasing an additional 134,761 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Active Bond ETF by 3.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,475,828 shares of the company’s stock valued at $78,717,000 after buying an additional 48,194 shares during the period. Baldwin Wealth Partners LLC MA increased its holdings in shares of JPMorgan Active Bond ETF by 4.4% during the 3rd quarter. Baldwin Wealth Partners LLC MA now owns 1,402,872 shares of the company’s stock worth $75,980,000 after buying an additional 59,131 shares during the last quarter. Finally, Berger Financial Group Inc raised its position in shares of JPMorgan Active Bond ETF by 1.4% in the 3rd quarter. Berger Financial Group Inc now owns 1,285,301 shares of the company’s stock worth $69,612,000 after buying an additional 18,348 shares during the period.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA:JBND opened at $54.64 on Wednesday. The business has a 50-day moving average of $54.17 and a two-hundred day moving average of $54.13. JPMorgan Active Bond ETF has a 12 month low of $51.96 and a 12 month high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

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

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.