Great Valley Advisor Group Inc. Takes $5.64 Million Position in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Great Valley Advisor Group Inc. acquired a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 107,920 shares of the company’s stock, valued at approximately $5,639,000. Great Valley Advisor Group Inc. owned 2.48% of JPMorgan Active Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC acquired a new position in shares of JPMorgan Active Bond ETF in the fourth quarter valued at approximately $28,000. Commonwealth Equity Services LLC increased its holdings in JPMorgan Active Bond ETF by 167.0% during the 1st quarter. Commonwealth Equity Services LLC now owns 10,267 shares of the company’s stock worth $539,000 after purchasing an additional 6,421 shares in the last quarter. FinTrust Capital Advisors LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the 1st quarter valued at about $397,000. Edge Financial Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF in the first quarter valued at about $500,000. Finally, Beaumont Financial Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter valued at about $510,000.

JPMorgan Active Bond ETF Price Performance

Shares of JBND traded up $0.10 during mid-day trading on Wednesday, hitting $54.02. 20,009 shares of the company’s stock were exchanged, compared to its average volume of 66,858. The company has a 50-day simple moving average of $52.73 and a 200 day simple moving average of $52.23. JPMorgan Active Bond ETF has a 52 week low of $49.02 and a 52 week high of $54.27.

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.