Riversedge Advisors LLC Buys 67,256 Shares of JPMorgan Active Bond ETF $JBND

Riversedge Advisors LLC raised its stake in JPMorgan Active Bond ETF (NYSE:JBND) by 30.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 290,625 shares of the company’s stock after buying an additional 67,256 shares during the quarter. JPMorgan Active Bond ETF comprises approximately 1.8% of Riversedge Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Riversedge Advisors LLC owned 0.17% of JPMorgan Active Bond ETF worth $14,857,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in JBND. Blue Trust Inc. increased its holdings in JPMorgan Active Bond ETF by 1.0% during the 1st 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. Latitude Advisors LLC grew its holdings in shares of JPMorgan Active Bond ETF by 5.5% during the first quarter. Latitude Advisors LLC now owns 4,849 shares of the company’s stock worth $261,000 after buying an additional 254 shares in the last quarter. Assetmark Inc. grew its holdings in shares of JPMorgan Active Bond ETF by 0.7% during the first quarter. Assetmark Inc. now owns 40,256 shares of the company’s stock worth $2,165,000 after buying an additional 292 shares in the last quarter. Total Clarity Wealth Management Inc. raised its position in JPMorgan Active Bond ETF by 2.5% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 16,343 shares of the company’s stock valued at $879,000 after buying an additional 397 shares during the last quarter. Finally, Simplicity Wealth LLC lifted its stake in JPMorgan Active Bond ETF by 6.9% in the 1st quarter. Simplicity Wealth LLC now owns 6,516 shares of the company’s stock valued at $350,000 after acquiring an additional 422 shares in the last quarter.

JPMorgan Active Bond ETF Trading Down 0.2%

NYSE:JBND traded down $0.09 during trading hours on Friday, reaching $51.06. 493,189 shares of the stock were exchanged, compared to its average volume of 1,027,061. JPMorgan Active Bond ETF has a twelve month low of $50.70 and a twelve month high of $55.78. The firm has a 50 day moving average of $52.14 and a 200 day moving average of $52.95.

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.