Sonoma Allocations LLC lowered its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report) by 13.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,141 shares of the company’s stock after selling 22,621 shares during the period. JPMorgan Active Bond ETF comprises 2.7% of Sonoma Allocations LLC’s investment portfolio, making the stock its 9th biggest position. Sonoma Allocations LLC owned about 0.11% of JPMorgan Active Bond ETF worth $7,896,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also made changes to their positions in the company. Aptus Capital Advisors LLC acquired a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth $26,000. Richardson Financial Services Inc. acquired a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter valued at about $27,000. Fairway Wealth LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter valued at about $35,000. Clearstead Advisors LLC purchased a new position in shares of JPMorgan Active Bond ETF in the fourth quarter worth about $58,000. Finally, Advisory Services Network LLC acquired a new position in JPMorgan Active Bond ETF during the third quarter worth about $66,000.
JPMorgan Active Bond ETF Stock Performance
Shares of JPMorgan Active Bond ETF stock opened at $52.79 on Friday. The stock’s 50 day simple moving average is $53.20 and its 200-day simple moving average is $53.69. JPMorgan Active Bond ETF has a 1-year low of $52.60 and a 1-year high of $55.78.
About JPMorgan Active Bond ETF
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.
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