Legacy Wealth Management LLC acquired a new position in shares of JPMorgan Active Bond ETF (NYSE:JBND – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 263,119 shares of the company’s stock, valued at approximately $13,451,000. JPMorgan Active Bond ETF makes up 0.7% of Legacy Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Legacy Wealth Management LLC owned approximately 0.15% of JPMorgan Active Bond ETF as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP boosted its stake in shares of JPMorgan Active Bond ETF by 48.5% in the 2nd quarter. Allworth Financial LP now owns 9,101,672 shares of the company’s stock valued at $486,939,000 after purchasing an additional 2,971,765 shares during the last quarter. Baldwin Wealth Partners LLC MA acquired a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth approximately $76,009,000. Envestnet Asset Management Inc. grew 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 worth $272,817,000 after buying an additional 1,418,178 shares during the period. Bank of America Corp DE raised its stake in shares of JPMorgan Active Bond ETF by 47.2% during the first quarter. Bank of America Corp DE now owns 4,223,148 shares of the company’s stock worth $227,079,000 after buying an additional 1,354,369 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of JPMorgan Active Bond ETF by 64.3% during the first quarter. Royal Bank of Canada now owns 2,443,755 shares of the company’s stock worth $131,401,000 after buying an additional 956,648 shares during the last quarter.
JPMorgan Active Bond ETF Stock Performance
Shares of NYSE JBND opened at $51.76 on Friday. The company’s 50 day simple moving average is $51.86 and its 200 day simple moving average is $52.78. JPMorgan Active Bond ETF has a fifty-two week low of $50.70 and a fifty-two week 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.
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