1,408,140 Shares in JPMorgan Active Bond ETF $JBND Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. purchased a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, HoldingsChannel reports. The firm purchased 1,408,140 shares of the company’s stock, valued at approximately $76,138,000. JPMorgan Active Bond ETF comprises about 1.0% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 15th largest position.

Other hedge funds have also added to or reduced their stakes in the company. TD Waterhouse Canada Inc. acquired a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth about $1,151,000. Echo Wealth Management LLC bought a new stake in JPMorgan Active Bond ETF in the 4th quarter valued at $8,890,000. Arlington Financial Advisors LLC bought a new stake in JPMorgan Active Bond ETF during the 4th quarter worth about $26,973,000. ERn Financial LLC lifted its position in JPMorgan Active Bond ETF by 12.6% during the 4th quarter. ERn Financial LLC now owns 90,866 shares of the company’s stock worth $4,913,000 after buying an additional 10,141 shares in the last quarter. Finally, Capital Investment Advisory Services LLC lifted its position in JPMorgan Active Bond ETF by 4.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 357,905 shares of the company’s stock worth $19,352,000 after buying an additional 16,243 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA:JBND opened at $53.11 on Friday. The company’s 50-day moving average price is $53.64 and its two-hundred day moving average price is $54.03. JPMorgan Active Bond ETF has a one year low of $52.24 and a one year 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.