Inspire Advisors LLC Invests $1.15 Million in JPMorgan Active Bond ETF $JBND

Inspire Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,410 shares of the company’s stock, valued at approximately $1,147,000.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in JPMorgan Active Bond ETF by 101.6% in the 1st quarter. LPL Financial LLC now owns 4,523,594 shares of the company’s stock worth $242,103,000 after acquiring an additional 2,280,193 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of JPMorgan Active Bond ETF by 63.7% in the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock worth $91,111,000 after purchasing an additional 661,624 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in JPMorgan Active Bond ETF by 3.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,475,828 shares of the company’s stock valued at $78,717,000 after purchasing an additional 48,194 shares during the period. Berger Financial Group Inc increased its holdings in JPMorgan Active Bond ETF by 1.3% during the 2nd quarter. Berger Financial Group Inc now owns 1,266,953 shares of the company’s stock valued at $67,896,000 after purchasing an additional 16,023 shares during the period. Finally, CWM LLC raised its position in JPMorgan Active Bond ETF by 834.2% during the 2nd quarter. CWM LLC now owns 978,086 shares of the company’s stock valued at $52,416,000 after purchasing an additional 873,387 shares during the last quarter.

JPMorgan Active Bond ETF Trading Up 0.2%

NYSEARCA JBND opened at $54.20 on Wednesday. JPMorgan Active Bond ETF has a fifty-two week low of $51.65 and a fifty-two week high of $54.87. The stock has a 50 day simple moving average of $54.28 and a two-hundred day simple moving average of $53.56.

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.