JPMorgan Active Bond ETF $JBND Stock: Sherman Wealth Management LLC Trims Holdings

Sherman Wealth Management LLC trimmed its position in JPMorgan Active Bond ETF (NYSE:JBND) by 32.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,210 shares of the company’s stock after selling 28,556 shares during the period. JPMorgan Active Bond ETF makes up approximately 2.1% of Sherman Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Sherman Wealth Management LLC’s holdings in JPMorgan Active Bond ETF were worth $2,976,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in JPMorgan Active Bond ETF by 48.5% in the second quarter. Allworth Financial LP now owns 9,101,672 shares of the company’s stock worth $486,939,000 after acquiring an additional 2,971,765 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Active Bond ETF by 38.5% during the second quarter. Envestnet Asset Management Inc. now owns 5,099,381 shares of the company’s stock worth $272,817,000 after purchasing an additional 1,418,178 shares during the period. Bank of America Corp DE raised its position in shares of JPMorgan Active Bond ETF by 47.2% during the first quarter. Bank of America Corp DE now owns 4,223,148 shares of the company’s stock worth $227,079,000 after purchasing an additional 1,354,369 shares during the period. Cetera Investment Advisers raised its position in shares of JPMorgan Active Bond ETF by 27.2% during the first quarter. Cetera Investment Advisers now owns 3,834,235 shares of the company’s stock worth $206,167,000 after purchasing an additional 820,562 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in shares of JPMorgan Active Bond ETF by 35.2% in the 1st quarter. Private Advisor Group LLC now owns 3,555,302 shares of the company’s stock worth $191,169,000 after purchasing an additional 925,032 shares in the last quarter.

JPMorgan Active Bond ETF Trading Up 0.6%

Shares of JBND opened at $51.52 on Friday. JPMorgan Active Bond ETF has a 12-month low of $50.70 and a 12-month high of $55.78. The business’s fifty day moving average is $51.99 and its 200 day moving average is $52.86.

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.