NewEdge Advisors LLC Buys 69,979 Shares of JPMorgan Active Bond ETF $JBND

NewEdge Advisors LLC raised its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 30.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 301,353 shares of the company’s stock after buying an additional 69,979 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $16,204,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of JPMorgan Active Bond ETF by 54.0% in the 4th quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock worth $709,353,000 after buying an additional 4,600,361 shares during the last quarter. Allworth Financial LP purchased a new stake in JPMorgan Active Bond ETF during the fourth quarter valued at approximately $324,493,000. Captrust Financial Advisors lifted its position in JPMorgan Active Bond ETF by 10.6% during the fourth quarter. Captrust Financial Advisors now owns 4,623,078 shares of the company’s stock valued at $249,970,000 after acquiring an additional 441,209 shares during the last quarter. Bank of America Corp DE boosted its stake in 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 in the last quarter. Finally, Cetera Investment Advisers boosted its stake in JPMorgan Active Bond ETF by 27.2% in the first quarter. Cetera Investment Advisers now owns 3,834,235 shares of the company’s stock valued at $206,167,000 after acquiring an additional 820,562 shares in the last quarter.

JPMorgan Active Bond ETF Stock Up 0.2%

NYSEARCA JBND opened at $52.76 on Friday. The firm’s fifty day simple moving average is $53.13 and its two-hundred day simple moving average is $53.63. JPMorgan Active Bond ETF has a 12-month low of $52.43 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.