IFP Advisors Inc Buys 15,796 Shares of JPMorgan Active Bond ETF $JBND

IFP Advisors Inc lifted its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 26.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 74,695 shares of the company’s stock after purchasing an additional 15,796 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Active Bond ETF were worth $4,039,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Allworth Financial LP bought a new stake in JPMorgan Active Bond ETF in the fourth quarter worth $324,493,000. Captrust Financial Advisors bought a new position in JPMorgan Active Bond ETF during the third quarter valued at $226,490,000. Private Advisor Group LLC increased its position in JPMorgan Active Bond ETF by 293.8% during the third quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock valued at $107,710,000 after acquiring an additional 1,483,659 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter valued at $72,691,000. Finally, Bridgewater Advisors Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter valued at $53,477,000.

JPMorgan Active Bond ETF Stock Up 0.5%

JBND stock opened at $53.06 on Thursday. JPMorgan Active Bond ETF has a 12 month low of $52.24 and a 12 month high of $55.78. The company has a 50-day moving average price of $53.66 and a 200 day moving average price of $54.04.

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.