IAG Wealth Partners LLC Reduces Position in JPMorgan Active Bond ETF $JBND

IAG Wealth Partners LLC reduced its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 7.6% during the first quarter, HoldingsChannel reports. The fund owned 1,109,543 shares of the company’s stock after selling 91,217 shares during the period. JPMorgan Active Bond ETF comprises approximately 6.7% of IAG Wealth Partners LLC’s holdings, making the stock its 2nd largest position. IAG Wealth Partners LLC’s holdings in JPMorgan Active Bond ETF were worth $59,660,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of JBND. Aptus Capital Advisors LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter worth about $26,000. Richardson Financial Services Inc. purchased a new stake in JPMorgan Active Bond ETF during the 4th quarter valued at about $27,000. Fairway Wealth LLC bought a new stake in JPMorgan Active Bond ETF during the 4th quarter valued at about $35,000. Clearstead Advisors LLC bought a new stake in JPMorgan Active Bond ETF during the 4th quarter valued at about $58,000. Finally, Advisory Services Network LLC purchased a new position in JPMorgan Active Bond ETF in the third quarter worth about $66,000.

JPMorgan Active Bond ETF Stock Down 0.1%

Shares of JPMorgan Active Bond ETF stock opened at $53.05 on Thursday. The company has a 50-day simple moving average of $53.34 and a two-hundred day simple moving average of $53.83. JPMorgan Active Bond ETF has a 52-week low of $52.71 and a 52-week high of $55.78.

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.