MLG Wealth Management DBA Pine Grove Financial Group Grows Stake in JPMorgan Active Bond ETF $JBND

MLG Wealth Management DBA Pine Grove Financial Group increased its holdings in shares of JPMorgan Active Bond ETF (NYSE:JBND) by 71.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,779 shares of the company’s stock after purchasing an additional 41,687 shares during the quarter. MLG Wealth Management DBA Pine Grove Financial Group owned approximately 0.06% of JPMorgan Active Bond ETF worth $5,282,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its position in shares of JPMorgan Active Bond ETF by 255.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock worth $111,065,000 after buying an additional 1,476,606 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of JPMorgan Active Bond ETF by 22.0% in the 4th quarter. Global Retirement Partners LLC now owns 176,231 shares of the company’s stock valued at $9,529,000 after buying an additional 31,806 shares during the last quarter. MML Investors Services LLC grew its position in shares of JPMorgan Active Bond ETF by 31.6% in the 4th quarter. MML Investors Services LLC now owns 1,401,713 shares of the company’s stock valued at $75,791,000 after buying an additional 336,831 shares during the last quarter. Larson Financial Group LLC raised its stake in JPMorgan Active Bond ETF by 11.2% during the 4th quarter. Larson Financial Group LLC now owns 608,573 shares of the company’s stock worth $32,906,000 after acquiring an additional 61,408 shares in the last quarter. Finally, GGM Financials LLC raised its stake in JPMorgan Active Bond ETF by 156.7% during the 4th quarter. GGM Financials LLC now owns 51,141 shares of the company’s stock worth $2,765,000 after acquiring an additional 31,219 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of JBND opened at $52.40 on Tuesday. JPMorgan Active Bond ETF has a 1-year low of $52.05 and a 1-year high of $55.78. The firm has a fifty day moving average price of $52.82 and a 200 day moving average price of $53.40.

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.