Westmount Partners LLC Takes $591,000 Position in JPMorgan Active Bond ETF $JBND

Westmount Partners LLC purchased a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,000 shares of the company’s stock, valued at approximately $591,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP bought a new position in shares of JPMorgan Active Bond ETF in the fourth quarter worth approximately $324,493,000. LPL Financial LLC lifted its holdings 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 buying an additional 4,600,361 shares during the period. Captrust Financial Advisors purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $226,490,000. JPMorgan Chase & Co. boosted its holdings in JPMorgan Active Bond ETF by 158.1% in the fourth 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 in the last quarter. Finally, Private Advisor Group LLC raised its holdings in JPMorgan Active Bond ETF by 293.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock worth $107,710,000 after purchasing an additional 1,483,659 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

JPMorgan Active Bond ETF stock opened at $53.43 on Friday. JPMorgan Active Bond ETF has a fifty-two week low of $52.71 and a fifty-two week high of $55.78. The stock’s 50 day simple moving average is $53.47 and its two-hundred day simple moving average is $53.90.

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.