NewEdge Wealth LLC Purchases 96,280 Shares of JPMorgan Active Bond ETF $JBND

NewEdge Wealth LLC grew its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 20.0% during the first quarter, HoldingsChannel.com reports. The firm owned 577,358 shares of the company’s stock after purchasing an additional 96,280 shares during the period. NewEdge Wealth LLC’s holdings in JPMorgan Active Bond ETF were worth $31,045,000 at the end of the most recent quarter.

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

JPMorgan Active Bond ETF Stock Down 0.2%

JPMorgan Active Bond ETF stock opened at $52.80 on Thursday. The stock’s 50 day moving average is $53.23 and its 200 day moving average is $53.74. JPMorgan Active Bond ETF has a one year low of $52.71 and a one year 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.