JPMorgan Active Bond ETF $JBND Stake Lowered by Cooper Financial Group

Cooper Financial Group cut its stake in shares of JPMorgan Active Bond ETF (NYSE:JBND) by 9.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 124,516 shares of the company’s stock after selling 13,138 shares during the quarter. Cooper Financial Group owned about 0.07% of JPMorgan Active Bond ETF worth $6,365,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in JBND. Weaver Consulting Group boosted its holdings in JPMorgan Active Bond ETF by 56.0% during the third quarter. Weaver Consulting Group now owns 10,165 shares of the company’s stock worth $520,000 after buying an additional 3,647 shares in the last quarter. Bank of New Hampshire increased its holdings in JPMorgan Active Bond ETF by 40.8% in the third quarter. Bank of New Hampshire now owns 121,663 shares of the company’s stock valued at $6,219,000 after buying an additional 35,252 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in JPMorgan Active Bond ETF in the third quarter valued at about $3,134,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of JPMorgan Active Bond ETF by 205.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 25,726 shares of the company’s stock valued at $1,376,000 after acquiring an additional 17,306 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Active Bond ETF by 38.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,099,381 shares of the company’s stock valued at $272,817,000 after acquiring an additional 1,418,178 shares during the period.

JPMorgan Active Bond ETF Price Performance

Shares of NYSE:JBND traded down $0.03 during trading on Wednesday, hitting $50.94. 1,794,234 shares of the stock were exchanged, compared to its average volume of 1,018,759. The company has a fifty day moving average price of $52.21 and a two-hundred day moving average price of $52.98. 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.