Smithbridge Asset Management Inc. DE boosted its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report) by 117.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 621,004 shares of the company’s stock after acquiring an additional 335,664 shares during the quarter. JPMorgan Active Bond ETF accounts for 2.9% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 7th largest position. Smithbridge Asset Management Inc. DE’s holdings in JPMorgan Active Bond ETF were worth $33,578,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. acquired a new stake in JPMorgan Active Bond ETF in the 4th quarter valued at $1,151,000. Janney Montgomery Scott LLC increased its stake in JPMorgan Active Bond ETF by 255.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock valued at $111,065,000 after buying an additional 1,476,606 shares during the last quarter. Echo Wealth Management LLC acquired a new stake in JPMorgan Active Bond ETF in the 4th quarter valued at $8,890,000. Arlington Financial Advisors LLC acquired a new stake in JPMorgan Active Bond ETF in the 4th quarter valued at $26,973,000. Finally, ERn Financial LLC increased its stake in JPMorgan Active Bond ETF by 12.6% in the 4th quarter. ERn Financial LLC now owns 90,866 shares of the company’s stock valued at $4,913,000 after buying an additional 10,141 shares during the last quarter.
JPMorgan Active Bond ETF Trading Down 0.2%
Shares of JBND stock opened at $53.08 on Thursday. JPMorgan Active Bond ETF has a 1 year low of $52.71 and a 1 year high of $55.78. The firm’s fifty day moving average price is $53.51 and its two-hundred day moving average price is $53.95.
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.
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