Cabot Wealth Management Inc. bought a new stake in shares of JPMorgan Active Bond ETF (NYSE:JBND – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 51,268 shares of the company’s stock, valued at approximately $2,621,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in JBND. Allworth Financial LP lifted its position in shares of JPMorgan Active Bond ETF by 48.5% in the 2nd quarter. Allworth Financial LP now owns 9,101,672 shares of the company’s stock worth $486,939,000 after purchasing an additional 2,971,765 shares during the period. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Active Bond ETF by 38.5% during the second quarter. Envestnet Asset Management Inc. now owns 5,099,381 shares of the company’s stock worth $272,817,000 after buying an additional 1,418,178 shares during the period. Bank of America Corp DE increased its position in shares of JPMorgan Active Bond ETF by 47.2% during the first quarter. Bank of America Corp DE now owns 4,223,148 shares of the company’s stock worth $227,079,000 after buying an additional 1,354,369 shares during the period. Cetera Investment Advisers increased its position in shares of JPMorgan Active Bond ETF by 27.2% during the first quarter. Cetera Investment Advisers now owns 3,834,235 shares of the company’s stock worth $206,167,000 after buying an additional 820,562 shares during the period. Finally, Royal Bank of Canada raised its stake in JPMorgan Active Bond ETF by 64.3% during the first quarter. Royal Bank of Canada now owns 2,443,755 shares of the company’s stock worth $131,401,000 after buying an additional 956,648 shares during the last quarter.
JPMorgan Active Bond ETF Price Performance
Shares of NYSE JBND opened at $51.66 on Thursday. JPMorgan Active Bond ETF has a twelve month low of $50.70 and a twelve month high of $55.78. The firm has a fifty day simple moving average of $51.65 and a 200 day simple moving average of $53.05.
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.
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