Axxcess Wealth Management LLC Buys 42,085 Shares of JPMorgan Active Bond ETF $JBND

Axxcess Wealth Management LLC boosted its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 26.6% in the 4th quarter, HoldingsChannel reports. The firm owned 200,500 shares of the company’s stock after buying an additional 42,085 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Active Bond ETF were worth $10,841,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JBND. TD Waterhouse Canada Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the 4th quarter worth approximately $1,151,000. Janney Montgomery Scott LLC lifted its holdings in JPMorgan Active Bond ETF by 255.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock valued at $111,065,000 after purchasing an additional 1,476,606 shares during the last quarter. Echo Wealth Management LLC acquired a new position in shares of JPMorgan Active Bond ETF in the fourth quarter valued at $8,890,000. Arlington Financial Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF during the 4th quarter worth about $26,973,000. Finally, ERn Financial LLC grew its stake in JPMorgan Active Bond ETF by 12.6% in the 4th quarter. ERn Financial LLC now owns 90,866 shares of the company’s stock valued at $4,913,000 after buying an additional 10,141 shares during the last quarter.

JPMorgan Active Bond ETF Trading Up 0.3%

Shares of NYSEARCA JBND opened at $53.43 on Friday. The business’s 50 day moving average is $53.48 and its 200-day moving average is $53.90. JPMorgan Active Bond ETF has a 1-year low of $52.71 and a 1-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.