Tenet Wealth Partners LLC Makes New Investment in JPMorgan Active Bond ETF $JBND

Tenet Wealth Partners LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSE:JBND) during the 2nd quarter, HoldingsChannel reports. The fund bought 131,606 shares of the company’s stock, valued at approximately $6,957,000. JPMorgan Active Bond ETF accounts for about 5.1% of Tenet Wealth Partners LLC’s investment portfolio, making the stock its 2nd biggest holding.

A number of other large investors have also made changes to their positions in the stock. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the first quarter valued at approximately $10,586,000. Cary Street Partners Financial LLC lifted its position in JPMorgan Active Bond ETF by 414.7% during the second quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock worth $103,000 after buying an additional 1,551 shares in the last quarter. Vienna Asset Management LLC boosted its stake in JPMorgan Active Bond ETF by 20.8% during the second quarter. Vienna Asset Management LLC now owns 40,577 shares of the company’s stock worth $2,175,000 after buying an additional 6,975 shares during the last quarter. Bank of America Corp DE acquired a new position in JPMorgan Active Bond ETF during the second quarter worth $18,593,000. Finally, MML Investors Services LLC grew its holdings in JPMorgan Active Bond ETF by 20.4% in the 2nd quarter. MML Investors Services LLC now owns 934,225 shares of the company’s stock valued at $50,065,000 after buying an additional 158,229 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of JBND opened at $52.40 on Friday. JPMorgan Active Bond ETF has a 52-week low of $52.05 and a 52-week high of $55.78. The stock has a fifty day simple moving average of $52.85 and a two-hundred day simple moving average of $53.42.

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.