60,611 Shares in JPMorgan Active Bond ETF $JBND Bought by Sherman Wealth Management LLC

Sherman Wealth Management LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 60,611 shares of the company’s stock, valued at approximately $3,277,000. JPMorgan Active Bond ETF comprises approximately 2.8% of Sherman Wealth Management LLC’s investment portfolio, making the stock its 7th largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Aptus Capital Advisors LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth about $26,000. True Wealth Design LLC acquired a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter valued at approximately $36,000. Cornerstone Planning Group LLC acquired a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter valued at approximately $38,000. Whittier Trust Co. of Nevada Inc. bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $65,000. Finally, Advisory Services Network LLC acquired a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $66,000.

JPMorgan Active Bond ETF Stock Performance

JPMorgan Active Bond ETF stock opened at $53.34 on Monday. JPMorgan Active Bond ETF has a twelve month low of $51.96 and a twelve month high of $55.78. The company has a 50 day moving average of $54.18 and a 200-day moving average 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 given a $0.1891 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19.

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.