500,336 Shares in JPMorgan Active Bond ETF $JBND Bought by Means Investment CO. Inc.

Means Investment CO. Inc. acquired a new stake in shares of JPMorgan Active Bond ETF (NYSE:JBND) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 500,336 shares of the company’s stock, valued at approximately $25,577,000. JPMorgan Active Bond ETF accounts for about 1.8% of Means Investment CO. Inc.’s investment portfolio, making the stock its 15th biggest holding. Means Investment CO. Inc. owned approximately 0.27% of JPMorgan Active Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JBND. Allworth Financial LP raised its holdings in JPMorgan Active Bond ETF by 48.5% during the 2nd quarter. Allworth Financial LP now owns 9,101,672 shares of the company’s stock valued at $486,939,000 after buying an additional 2,971,765 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth $76,454,000. Baldwin Wealth Partners LLC MA bought a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth $76,009,000. Envestnet Asset Management Inc. grew its holdings in JPMorgan Active Bond ETF by 38.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,099,381 shares of the company’s stock worth $272,817,000 after acquiring an additional 1,418,178 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of JPMorgan Active Bond ETF by 47.2% in the first quarter. Bank of America Corp DE now owns 4,223,148 shares of the company’s stock valued at $227,079,000 after acquiring an additional 1,354,369 shares during the period.

JPMorgan Active Bond ETF Stock Performance

JBND stock opened at $52.05 on Monday. The firm’s 50-day moving average price is $51.69 and its two-hundred day moving average price is $53.08. JPMorgan Active Bond ETF has a 12-month low of $50.70 and a 12-month 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.