131,606 Shares in JPMorgan Active Bond ETF $JBND Bought by Tenet Wealth Partners LLC

Tenet Wealth Partners LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSE:JBND) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 131,606 shares of the company’s stock, valued at approximately $6,957,000. JPMorgan Active Bond ETF makes up approximately 5.1% of Tenet Wealth Partners LLC’s portfolio, making the stock its 2nd biggest position. Tenet Wealth Partners LLC owned 0.08% of JPMorgan Active Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in JBND. LPL Financial LLC increased its stake in JPMorgan Active Bond ETF by 54.0% during the 4th quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock worth $709,353,000 after buying an additional 4,600,361 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter worth approximately $324,493,000. Captrust Financial Advisors increased its position in shares of JPMorgan Active Bond ETF by 10.6% during the fourth quarter. Captrust Financial Advisors now owns 4,623,078 shares of the company’s stock worth $249,970,000 after purchasing an additional 441,209 shares in the last quarter. Bank of America Corp DE increased its position 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 purchasing an additional 1,354,369 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in JPMorgan Active Bond ETF by 27.2% in the 1st quarter. Cetera Investment Advisers now owns 3,834,235 shares of the company’s stock valued at $206,167,000 after purchasing an additional 820,562 shares during the last quarter.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND stock opened at $52.40 on Friday. The stock’s fifty day moving average is $52.85 and its two-hundred day moving average is $53.42. JPMorgan Active Bond ETF has a fifty-two week low of $52.05 and a fifty-two week 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.