JPMorgan Active Bond ETF (NYSEARCA:JBND) Sees Large Volume Increase – Here’s What Happened

JPMorgan Active Bond ETF (NYSEARCA:JBND) saw unusually-strong trading volume on Friday . Approximately 1,799,919 shares traded hands during trading, an increase of 81% from the previous session’s volume of 996,462 shares.The stock last traded at $53.52 and had previously closed at $53.51.

JPMorgan Active Bond ETF Trading Up 0.2%

The stock’s 50 day simple moving average is $53.58 and its two-hundred day simple moving average is $54.01.

Institutional Investors Weigh In On JPMorgan Active Bond ETF

Institutional investors have recently modified their holdings of the stock. Aptus Capital Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter worth $26,000. Richardson Financial Services Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter worth $27,000. Fairway Wealth LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter worth $35,000. Cornerstone Planning Group LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter worth $38,000. Finally, Clearstead Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter worth $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.