JPMorgan Active Bond ETF (NYSE:JBND) Hits New 1-Year Low – What’s Next?

JPMorgan Active Bond ETF (NYSE:JBNDGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $52.05 and last traded at $52.35, with a volume of 194375 shares traded. The stock had previously closed at $52.69.

JPMorgan Active Bond ETF Trading Up 0.1%

The company’s fifty day moving average price is $52.90 and its 200-day moving average price is $53.45.

Institutional Investors Weigh In On JPMorgan Active Bond ETF

Large investors have recently bought and sold shares of the business. Aptus Capital Advisors LLC purchased a new position in JPMorgan Active Bond ETF in the third quarter worth about $26,000. Clearstead Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the 4th quarter valued at about $58,000. Advisory Services Network LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at about $66,000. National Bank of Canada FI bought a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter worth approximately $74,000. Finally, Cornerstone Planning Group LLC lifted its stake in shares of JPMorgan Active Bond ETF by 103.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,411 shares of the company’s stock worth $75,000 after purchasing an additional 716 shares during the period.

About JPMorgan Active Bond ETF

(Get Free Report)

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.

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