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

Shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) reached a new 52-week low on Friday . The company traded as low as $52.60 and last traded at $52.61, with a volume of 386628 shares trading hands. The stock had previously closed at $52.79.

JPMorgan Active Bond ETF Trading Down 0.3%

The business’s fifty day simple moving average is $53.20 and its 200 day simple moving average is $53.69.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JBND. Aptus Capital Advisors LLC acquired a new position in shares of JPMorgan Active Bond ETF during the third quarter valued at $26,000. Richardson Financial Services Inc. acquired a new position in JPMorgan Active Bond ETF in the fourth quarter valued at about $27,000. Fairway Wealth LLC acquired a new position in shares of JPMorgan Active Bond ETF in the 4th quarter valued at approximately $35,000. Clearstead Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth $58,000. Finally, Advisory Services Network LLC bought a new position in JPMorgan Active Bond ETF during the 3rd quarter worth about $66,000.

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.