Truist Financial Corp Grows Stake in JPMorgan Active Bond ETF $JBND

Truist Financial Corp grew its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 145.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,051 shares of the company’s stock after purchasing an additional 13,060 shares during the period. Truist Financial Corp’s holdings in JPMorgan Active Bond ETF were worth $1,182,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC grew its position in shares of JPMorgan Active Bond ETF by 101.6% during the 1st quarter. LPL Financial LLC now owns 4,523,594 shares of the company’s stock valued at $242,103,000 after purchasing an additional 2,280,193 shares in the last quarter. Diversified Portfolios Inc. grew its position in JPMorgan Active Bond ETF by 10.3% in the first quarter. Diversified Portfolios Inc. now owns 1,490,448 shares of the company’s stock worth $79,769,000 after acquiring an additional 138,819 shares in the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Active Bond ETF by 164.5% in the first quarter. Envestnet Asset Management Inc. now owns 1,427,634 shares of the company’s stock worth $76,407,000 after acquiring an additional 887,922 shares in the last quarter. Berger Financial Group Inc grew its position in JPMorgan Active Bond ETF by 9.9% in the first quarter. Berger Financial Group Inc now owns 1,250,930 shares of the company’s stock worth $66,950,000 after acquiring an additional 112,946 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in JPMorgan Active Bond ETF by 643.8% in the first quarter. Cetera Investment Advisers now owns 1,038,526 shares of the company’s stock worth $55,582,000 after acquiring an additional 898,901 shares in the last quarter.

JPMorgan Active Bond ETF Trading Up 0.5%

Shares of NYSEARCA:JBND opened at $54.29 on Monday. JPMorgan Active Bond ETF has a 52-week low of $51.65 and a 52-week high of $54.60. The firm has a fifty day moving average of $53.92 and a 200 day moving average of $53.33.

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.