JPMorgan Active Bond ETF $JBND is Essex LLC’s Largest Position

Essex LLC increased its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 9.1% during the first quarter, HoldingsChannel.com reports. The fund owned 670,321 shares of the company’s stock after buying an additional 55,927 shares during the quarter. JPMorgan Active Bond ETF makes up approximately 6.4% of Essex LLC’s investment portfolio, making the stock its largest position. Essex LLC’s holdings in JPMorgan Active Bond ETF were worth $36,043,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Aptus Capital Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $26,000. Richardson Financial Services Inc. purchased a new position in shares of JPMorgan Active Bond ETF in the 4th quarter worth about $27,000. Fairway Wealth LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 4th quarter worth about $35,000. Clearstead Advisors LLC bought a new position in JPMorgan Active Bond ETF during the fourth quarter valued at about $58,000. Finally, Advisory Services Network LLC bought a new position in JPMorgan Active Bond ETF during the third quarter valued at about $66,000.

JPMorgan Active Bond ETF Stock Performance

NYSEARCA JBND opened at $53.24 on Thursday. JPMorgan Active Bond ETF has a 52-week low of $52.71 and a 52-week high of $55.78. The company has a 50-day simple moving average of $53.41 and a 200 day simple moving average of $53.86.

JPMorgan Active Bond ETF 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.