JPMorgan Active Bond ETF (NYSE:JBND) Hits New 52-Week Low – Time to Sell?

Shares of JPMorgan Active Bond ETF (NYSE:JBND) hit a new 52-week low on Thursday . The stock traded as low as $52.02 and last traded at $52.02, with a volume of 276275 shares traded. The stock had previously closed at $52.25.

JPMorgan Active Bond ETF Stock Down 0.1%

The business’s 50 day moving average is $52.73 and its 200-day moving average is $53.34.

Institutional Trading of JPMorgan Active Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC increased its stake 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 worth $111,065,000 after buying an additional 1,476,606 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of JPMorgan Active Bond ETF by 22.0% during the fourth quarter. Global Retirement Partners LLC now owns 176,231 shares of the company’s stock valued at $9,529,000 after acquiring an additional 31,806 shares during the last quarter. MML Investors Services LLC lifted its position in shares of JPMorgan Active Bond ETF by 31.6% in the fourth quarter. MML Investors Services LLC now owns 1,401,713 shares of the company’s stock valued at $75,791,000 after acquiring an additional 336,831 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of JPMorgan Active Bond ETF by 11.2% in the fourth quarter. Larson Financial Group LLC now owns 608,573 shares of the company’s stock valued at $32,906,000 after acquiring an additional 61,408 shares in the last quarter. Finally, Northwest Financial Advisors acquired a new stake in shares of JPMorgan Active Bond ETF in the first quarter worth approximately $609,000.

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.