JPMorgan Chase & Co. Has $30.55 Million Stock Position in JPMorgan Active Bond ETF $JBND

JPMorgan Chase & Co. lifted its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 9.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 570,031 shares of the company’s stock after buying an additional 47,356 shares during the quarter. JPMorgan Chase & Co.’s holdings in JPMorgan Active Bond ETF were worth $30,548,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers boosted its stake in shares of JPMorgan Active Bond ETF by 63.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock valued at $91,111,000 after purchasing an additional 661,624 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new stake in shares of JPMorgan Active Bond ETF during the 2nd quarter worth about $1,887,000. Northwestern Mutual Wealth Management Co. bought a new position in JPMorgan Active Bond ETF during the 1st quarter valued at about $82,000. PNC Financial Services Group Inc. bought a new position in JPMorgan Active Bond ETF during the 1st quarter valued at about $136,000. Finally, ORG Partners LLC acquired a new position in JPMorgan Active Bond ETF in the second quarter valued at about $657,000.

JPMorgan Active Bond ETF Stock Up 0.1%

NYSEARCA JBND opened at $54.20 on Wednesday. JPMorgan Active Bond ETF has a 1-year low of $51.65 and a 1-year high of $55.78. The company has a 50 day moving average of $54.30 and a 200-day moving average of $53.68.

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.