Cedar Mountain Advisors LLC Buys 20,855 Shares of JPMorgan Active Bond ETF $JBND

Cedar Mountain Advisors LLC grew its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 34.3% during the second quarter, HoldingsChannel reports. The firm owned 81,627 shares of the company’s stock after buying an additional 20,855 shares during the quarter. JPMorgan Active Bond ETF accounts for about 0.8% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Cedar Mountain Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $4,367,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allworth Financial LP acquired a new position in JPMorgan Active Bond ETF during the 4th quarter worth approximately $324,493,000. LPL Financial LLC boosted its position in 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 valued at $709,353,000 after buying an additional 4,600,361 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of 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 during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan Active Bond ETF by 255.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock worth $111,065,000 after buying an additional 1,476,606 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the fourth quarter worth $76,138,000.

JPMorgan Active Bond ETF Trading Down 0.2%

Shares of JBND opened at $52.59 on Tuesday. JPMorgan Active Bond ETF has a 52 week low of $52.43 and a 52 week high of $55.78. The stock has a fifty day moving average of $53.18 and a 200-day moving average of $53.67.

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.