Parallel Advisors LLC Has $5.09 Million Position in JPMorgan Active Bond ETF $JBND

Parallel Advisors LLC boosted its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 14.6% during the first quarter, HoldingsChannel.com reports. The firm owned 94,606 shares of the company’s stock after acquiring an additional 12,033 shares during the period. Parallel Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $5,087,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JBND. Aptus Capital Advisors LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $26,000. Richardson Financial Services Inc. acquired a new position in shares of JPMorgan Active Bond ETF in the fourth quarter worth $27,000. Fairway Wealth LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth $35,000. Clearstead Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth $58,000. Finally, Advisory Services Network LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth $66,000.

JPMorgan Active Bond ETF Price Performance

JBND opened at $52.98 on Tuesday. JPMorgan Active Bond ETF has a 1 year low of $52.71 and a 1 year high of $55.78. The stock has a fifty day moving average price of $53.25 and a 200 day moving average price of $53.76.

About JPMorgan Active Bond ETF

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.