Royal Bank of Canada Increases Stock Holdings in JPMorgan Active Bond ETF $JBND

Royal Bank of Canada grew its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 64.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,443,755 shares of the company’s stock after purchasing an additional 956,648 shares during the period. Royal Bank of Canada owned approximately 1.76% of JPMorgan Active Bond ETF worth $131,401,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JBND. TD Waterhouse Canada Inc. purchased a new position in JPMorgan Active Bond ETF during the 4th quarter valued at about $1,151,000. Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan Active Bond ETF by 255.7% in 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. Echo Wealth Management LLC bought a new position in shares of JPMorgan Active Bond ETF in the fourth quarter valued at approximately $8,890,000. Capital Investment Advisory Services LLC boosted its position in shares of JPMorgan Active Bond ETF by 4.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 357,905 shares of the company’s stock valued at $19,352,000 after acquiring an additional 16,243 shares during the period. Finally, Global Retirement Partners LLC grew its stake in JPMorgan Active Bond ETF by 22.0% during the fourth quarter. Global Retirement Partners LLC now owns 176,231 shares of the company’s stock valued at $9,529,000 after acquiring an additional 31,806 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA:JBND opened at $52.79 on Friday. The company has a 50 day moving average of $53.20 and a 200 day moving average of $53.69. JPMorgan Active Bond ETF has a 12 month low of $52.60 and a 12 month high of $55.78.

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.