13,770 Shares in JPMorgan Active Bond ETF $JBND Purchased by Pennsylvania Capital Management Inc. ADV

Pennsylvania Capital Management Inc. ADV acquired a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 13,770 shares of the company’s stock, valued at approximately $740,000.

Several other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP bought a new stake in shares of JPMorgan Active Bond ETF during the 4th quarter worth approximately $324,493,000. LPL Financial LLC raised its position in JPMorgan Active Bond ETF by 54.0% during the fourth quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock valued at $709,353,000 after purchasing an additional 4,600,361 shares in the last quarter. Captrust Financial Advisors bought a new stake in JPMorgan Active Bond ETF during the third quarter worth $226,490,000. JPMorgan Chase & Co. lifted its stake in 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 purchasing an additional 1,905,828 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 293.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock valued at $107,710,000 after purchasing an additional 1,483,659 shares in the last quarter.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND opened at $53.28 on Friday. JPMorgan Active Bond ETF has a 52-week low of $52.71 and a 52-week high of $55.78. The business’s fifty day moving average is $53.38 and its 200-day moving average is $53.85.

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.