D.A. Davidson & CO. Raises Stock Position in JPMorgan Active Bond ETF $JBND

D.A. Davidson & CO. lifted its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 7.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 538,251 shares of the company’s stock after buying an additional 38,828 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan Active Bond ETF were worth $28,942,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new stake in JPMorgan Active Bond ETF during the fourth quarter worth approximately $1,151,000. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Active Bond ETF by 255.7% in 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. Arlington Financial Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter valued at approximately $26,973,000. Echo Wealth Management LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 4th quarter worth approximately $8,890,000. Finally, ERn Financial LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 12.6% in the 4th quarter. ERn Financial LLC now owns 90,866 shares of the company’s stock worth $4,913,000 after purchasing an additional 10,141 shares during the period.

JPMorgan Active Bond ETF Price Performance

NYSEARCA JBND opened at $53.08 on Thursday. The business’s 50 day moving average price is $53.28 and its 200-day moving average price is $53.79. JPMorgan Active Bond ETF has a fifty-two week low of $52.71 and a fifty-two week 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.