Pennsylvania Capital Management Inc. ADV Makes New $740,000 Investment in JPMorgan Active Bond ETF $JBND

Pennsylvania Capital Management Inc. ADV bought a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,770 shares of the company’s stock, valued at approximately $740,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Goldman Sachs Group Inc. bought a new position in JPMorgan Active Bond ETF during the first quarter worth about $10,586,000. Cary Street Partners Financial LLC increased its holdings in shares of JPMorgan Active Bond ETF by 414.7% during the second quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock worth $103,000 after purchasing an additional 1,551 shares during the period. Vienna Asset Management LLC raised its position in shares of JPMorgan Active Bond ETF by 20.8% in the second quarter. Vienna Asset Management LLC now owns 40,577 shares of the company’s stock valued at $2,175,000 after buying an additional 6,975 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of JPMorgan Active Bond ETF in the second quarter valued at approximately $18,593,000. Finally, MML Investors Services LLC boosted its stake in shares of JPMorgan Active Bond ETF by 20.4% in the second quarter. MML Investors Services LLC now owns 934,225 shares of the company’s stock valued at $50,065,000 after buying an additional 158,229 shares during the period.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND stock opened at $53.28 on Friday. JPMorgan Active Bond ETF has a 1 year low of $52.71 and a 1 year high of $55.78. The stock has a 50 day simple moving average of $53.38 and a 200 day simple moving average of $53.85.

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.