Cabot Wealth Management Inc. Buys New Shares in JPMorgan Active Bond ETF $JBND

Cabot Wealth Management Inc. bought a new position in JPMorgan Active Bond ETF (NYSE:JBND) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 51,268 shares of the company’s stock, valued at approximately $2,621,000.

Other hedge funds have also added to or reduced their stakes in the company. Putney Financial Group LLC acquired a new position in JPMorgan Active Bond ETF in the third quarter valued at approximately $52,000. Cornerstone Planning Group LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 103.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,411 shares of the company’s stock worth $75,000 after buying an additional 716 shares in the last quarter. Latitude Advisors LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth approximately $77,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth approximately $101,000. Finally, Capital Analysts LLC grew its position in shares of JPMorgan Active Bond ETF by 698.5% during the 2nd quarter. Capital Analysts LLC now owns 4,176 shares of the company’s stock worth $223,000 after buying an additional 3,653 shares during the period.

JPMorgan Active Bond ETF Trading Down 0.1%

NYSE:JBND opened at $51.66 on Thursday. The company has a fifty day moving average of $51.65 and a 200-day moving average of $53.05. JPMorgan Active Bond ETF has a twelve month low of $50.70 and a twelve month high of $55.78.

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.