Northwest Financial Advisors Makes New $609,000 Investment in JPMorgan Active Bond ETF $JBND

Northwest Financial Advisors acquired a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 11,333 shares of the company’s stock, valued at approximately $609,000. JPMorgan Active Bond ETF makes up about 1.2% of Northwest Financial Advisors’ portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also recently modified their holdings of the stock. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Active Bond ETF in the first quarter worth $10,586,000. Cary Street Partners Financial LLC lifted its position in JPMorgan Active Bond ETF by 414.7% during the second quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock worth $103,000 after purchasing an additional 1,551 shares during the period. Vienna Asset Management LLC grew its stake in JPMorgan Active Bond ETF by 20.8% during the second quarter. Vienna Asset Management LLC now owns 40,577 shares of the company’s stock worth $2,175,000 after buying an additional 6,975 shares in the last quarter. Bank of America Corp DE acquired a new stake in JPMorgan Active Bond ETF during the second quarter worth about $18,593,000. Finally, MML Investors Services LLC increased its holdings in JPMorgan Active Bond ETF by 20.4% in the 2nd quarter. MML Investors Services LLC now owns 934,225 shares of the company’s stock valued at $50,065,000 after buying an additional 158,229 shares during the period.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA:JBND opened at $53.24 on Thursday. The firm has a 50 day moving average of $53.41 and a 200-day moving average of $53.86. JPMorgan Active Bond ETF has a 12 month low of $52.71 and a 12 month high of $55.78.

JPMorgan Active Bond ETF Company 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.