JPMorgan Active Bond ETF (NYSEARCA:JBND) Sees Unusually-High Trading Volume – Here’s Why

JPMorgan Active Bond ETF (NYSEARCA:JBND) saw an uptick in trading volume on Monday . 4,406,689 shares changed hands during trading, an increase of 389% from the previous session’s volume of 900,955 shares.The stock last traded at $53.51 and had previously closed at $53.62.

JPMorgan Active Bond ETF Stock Down 0.2%

The business has a 50 day simple moving average of $53.90 and a 200-day simple moving average of $54.13.

Institutional Trading of JPMorgan Active Bond ETF

A number of hedge funds have recently added to or reduced their stakes in JBND. Aptus Capital Advisors LLC acquired a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth about $26,000. Richardson Financial Services Inc. acquired a new stake in JPMorgan Active Bond ETF in the 4th quarter worth about $27,000. Fairway Wealth LLC acquired a new stake in JPMorgan Active Bond ETF in the 4th quarter worth about $35,000. Cornerstone Planning Group LLC acquired a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth about $38,000. Finally, Clearstead Advisors LLC acquired a new stake in JPMorgan Active Bond ETF in the 4th quarter worth about $58,000.

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.