Essex LLC Sells 127,637 Shares of JPMorgan Active Bond ETF $JBND

Essex LLC lowered its position in JPMorgan Active Bond ETF (NYSE:JBND) by 16.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 670,529 shares of the company’s stock after selling 127,637 shares during the quarter. JPMorgan Active Bond ETF comprises about 4.8% of Essex LLC’s portfolio, making the stock its 4th largest position. Essex LLC owned 0.39% of JPMorgan Active Bond ETF worth $34,277,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Firethorn Wealth Partners LLC lifted its position in shares of JPMorgan Active Bond ETF by 20.9% during the third quarter. Firethorn Wealth Partners LLC now owns 10,701 shares of the company’s stock worth $547,000 after purchasing an additional 1,853 shares during the last quarter. Enclave Advisors LLC bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at $391,000. Baldwin Wealth Partners LLC MA purchased a new stake in JPMorgan Active Bond ETF in the third quarter worth about $76,009,000. Taylor & Morgan Wealth Management LLC purchased a new position in JPMorgan Active Bond ETF during the 3rd quarter valued at about $364,000. Finally, Capital Advisors Wealth Management LLC raised its holdings in shares of JPMorgan Active Bond ETF by 19.6% in the 3rd quarter. Capital Advisors Wealth Management LLC now owns 281,859 shares of the company’s stock valued at $14,409,000 after purchasing an additional 46,242 shares in the last quarter.

JPMorgan Active Bond ETF Stock Performance

JBND stock traded up $0.10 during trading on Wednesday, hitting $51.20. 1,184,063 shares of the company’s stock traded hands, compared to its average volume of 1,033,810. The business has a fifty day simple moving average of $52.05 and a two-hundred day simple moving average of $52.89. JPMorgan Active Bond ETF has a 1 year low of $50.70 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.