Westmount Partners LLC purchased a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $591,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Allworth Financial LP bought a new position in JPMorgan Active Bond ETF in the 4th quarter valued at $324,493,000. LPL Financial LLC raised its position in shares of JPMorgan Active Bond ETF by 54.0% in the fourth quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock worth $709,353,000 after buying an additional 4,600,361 shares in the last quarter. Captrust Financial Advisors bought a new stake in JPMorgan Active Bond ETF during the third quarter valued at $226,490,000. JPMorgan Chase & Co. grew its position in JPMorgan Active Bond ETF by 158.1% during the fourth quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock worth $168,209,000 after buying an additional 1,905,828 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in JPMorgan Active Bond ETF by 293.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock worth $107,710,000 after acquiring an additional 1,483,659 shares during the last quarter.
JPMorgan Active Bond ETF Stock Performance
Shares of JBND opened at $53.43 on Friday. The stock has a 50-day moving average price of $53.47 and a 200-day moving average price of $53.90. JPMorgan Active Bond ETF has a 12-month low of $52.71 and a 12-month high of $55.78.
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.
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