Cedar Mountain Advisors LLC Buys 20,855 Shares of JPMorgan Active Bond ETF $JBND

Cedar Mountain Advisors LLC lifted its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 34.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,627 shares of the company’s stock after purchasing an additional 20,855 shares during the quarter. JPMorgan Active Bond ETF accounts for 0.8% of Cedar Mountain Advisors LLC’s holdings, making the stock its 23rd biggest holding. Cedar Mountain Advisors LLC owned approximately 0.05% of JPMorgan Active Bond ETF worth $4,367,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of JBND. TD Waterhouse Canada Inc. acquired a new position in shares of JPMorgan Active Bond ETF in the 4th quarter valued at approximately $1,151,000. Janney Montgomery Scott LLC boosted its position in shares of 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 acquiring an additional 1,476,606 shares in the last quarter. Echo Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 4th quarter worth approximately $8,890,000. Capital Investment Advisory Services LLC increased its stake in JPMorgan Active Bond ETF by 4.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 357,905 shares of the company’s stock valued at $19,352,000 after acquiring an additional 16,243 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in JPMorgan Active Bond ETF by 22.0% in 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.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND opened at $52.59 on Tuesday. The firm has a 50 day simple moving average of $53.18 and a two-hundred day simple moving average of $53.67. JPMorgan Active Bond ETF has a one year low of $52.43 and a one year high of $55.78.

JPMorgan Active Bond ETF 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.