Smithbridge Asset Management Inc. DE lowered its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report) by 47.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 328,037 shares of the company’s stock after selling 292,967 shares during the quarter. JPMorgan Active Bond ETF makes up approximately 2.6% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 8th largest position. Smithbridge Asset Management Inc. DE’s holdings in JPMorgan Active Bond ETF were worth $17,639,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in the stock. Allworth Financial LP acquired a new position in JPMorgan Active Bond ETF during the 4th quarter worth approximately $324,493,000. LPL Financial LLC boosted its position in JPMorgan Active Bond ETF by 54.0% in the fourth quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock valued at $709,353,000 after buying an additional 4,600,361 shares in the last quarter. Captrust Financial Advisors bought a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth $226,490,000. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Bond ETF by 158.1% during the fourth quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock worth $168,209,000 after buying an additional 1,905,828 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in JPMorgan Active Bond ETF by 293.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock worth $107,710,000 after purchasing an additional 1,483,659 shares in the last quarter.
JPMorgan Active Bond ETF Stock Down 0.5%
JBND stock opened at $53.24 on Thursday. JPMorgan Active Bond ETF has a 52-week low of $52.71 and a 52-week high of $55.78. The company has a fifty day moving average price of $53.41 and a 200-day moving average price of $53.86.
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.
Featured Stories
- Five stocks we like better than JPMorgan Active Bond ETF
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Want to see what other hedge funds are holding JBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report).
Receive News & Ratings for JPMorgan Active Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
