Midwest Financial Network LLC Acquires New Holdings in JPMorgan Active Bond ETF $JBND

Midwest Financial Network LLC bought a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 65,396 shares of the company’s stock, valued at approximately $3,516,000. JPMorgan Active Bond ETF makes up about 2.8% of Midwest Financial Network LLC’s investment portfolio, making the stock its 11th largest position.

Several other hedge funds also recently bought and sold shares of JBND. Blue Trust Inc. boosted its position in shares of JPMorgan Active Bond ETF by 1.0% during the first quarter. Blue Trust Inc. now owns 19,509 shares of the company’s stock worth $1,049,000 after purchasing an additional 196 shares in the last quarter. High Falls Advisors Inc increased its position in shares of JPMorgan Active Bond ETF by 5.0% in the 4th quarter. High Falls Advisors Inc now owns 4,541 shares of the company’s stock valued at $246,000 after buying an additional 218 shares in the last quarter. Latitude Advisors LLC raised its stake in JPMorgan Active Bond ETF by 5.5% during the 1st quarter. Latitude Advisors LLC now owns 4,849 shares of the company’s stock worth $261,000 after buying an additional 254 shares during the period. Assetmark Inc. raised its stake in JPMorgan Active Bond ETF by 0.7% during the 1st quarter. Assetmark Inc. now owns 40,256 shares of the company’s stock worth $2,165,000 after buying an additional 292 shares during the period. Finally, Aptus Capital Advisors LLC lifted its holdings in JPMorgan Active Bond ETF by 68.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 802 shares of the company’s stock worth $43,000 after acquiring an additional 327 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

NYSEARCA:JBND opened at $52.68 on Friday. JPMorgan Active Bond ETF has a 1 year low of $52.59 and a 1 year high of $55.78. The stock has a 50-day moving average price of $53.19 and a two-hundred day moving average price of $53.68.

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.