Madison Park Capital Advisors LLC Raises Stake in JPMorgan Active Bond ETF $JBND

Madison Park Capital Advisors LLC increased its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 141.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 35,897 shares of the company’s stock after acquiring an additional 21,022 shares during the period. JPMorgan Active Bond ETF comprises about 1.0% of Madison Park Capital Advisors LLC’s holdings, making the stock its 25th biggest position. Madison Park Capital Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $1,920,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JBND. Allworth Financial LP acquired a new stake in JPMorgan Active Bond ETF during the fourth quarter worth approximately $324,493,000. LPL Financial LLC grew its stake in JPMorgan Active Bond ETF by 54.0% in the 4th quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock worth $709,353,000 after acquiring an additional 4,600,361 shares during the period. JPMorgan Chase & Co. raised its holdings in JPMorgan Active Bond ETF by 158.1% in the 4th quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock valued at $168,209,000 after acquiring an additional 1,905,828 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in JPMorgan Active Bond ETF by 255.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock valued at $111,065,000 after acquiring an additional 1,476,606 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new position in shares of JPMorgan Active Bond ETF during the 4th quarter worth $76,138,000.

JPMorgan Active Bond ETF Stock Performance

JBND stock opened at $52.82 on Thursday. JPMorgan Active Bond ETF has a 52-week low of $52.43 and a 52-week high of $55.78. The stock’s fifty day simple moving average is $53.16 and its 200-day simple moving average is $53.65.

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.