Legacy Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF (NYSE:JBND – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm acquired 263,119 shares of the company’s stock, valued at approximately $13,451,000. JPMorgan Active Bond ETF accounts for approximately 0.7% of Legacy Wealth Management LLC’s portfolio, making the stock its 15th largest holding.
Other institutional investors have also added to or reduced their stakes in the company. Foster Victor Wealth Advisors LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 4.7% in the 3rd quarter. Foster Victor Wealth Advisors LLC now owns 62,052 shares of the company’s stock valued at $3,189,000 after purchasing an additional 2,779 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth $1,760,000. Newman Dignan & Sheerar Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth $303,000. Pinnacle Associates Ltd. raised its holdings in shares of JPMorgan Active Bond ETF by 16.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 21,257 shares of the company’s stock worth $1,087,000 after buying an additional 2,990 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in shares of JPMorgan Active Bond ETF by 56.2% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 61,938 shares of the company’s stock worth $3,166,000 after buying an additional 22,284 shares in the last quarter.
JPMorgan Active Bond ETF Stock Performance
Shares of JBND stock opened at $51.76 on Friday. JPMorgan Active Bond ETF has a twelve month low of $50.70 and a twelve month high of $55.78. The business has a fifty day simple moving average of $51.86 and a 200 day simple moving average of $52.78.
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.
Further Reading
- Five stocks we like better than JPMorgan Active Bond ETF
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
- MarketBeat Week in Review – 10/19 – 10/23
Want to see what other hedge funds are holding JBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Active Bond ETF (NYSE:JBND – Free Report).
Receive News & Ratings for JPMorgan Active Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
