Royal Harbor Partners LLC Sells 257,828 Shares of JPMorgan Active Bond ETF (NYSEARCA:JBND)

Royal Harbor Partners LLC reduced its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 61.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 159,078 shares of the company’s stock after selling 257,828 shares during the period. JPMorgan Active Bond ETF comprises about 3.1% of Royal Harbor Partners LLC’s portfolio, making the stock its 7th largest holding. Royal Harbor Partners LLC’s holdings in JPMorgan Active Bond ETF were worth $8,312,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Diversified Portfolios Inc. raised its stake in shares of JPMorgan Active Bond ETF by 6.0% in the fourth quarter. Diversified Portfolios Inc. now owns 1,351,629 shares of the company’s stock worth $70,623,000 after purchasing an additional 76,756 shares during the last quarter. LVZ Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter worth approximately $44,253,000. Pallas Capital Advisors LLC grew its holdings in shares of JPMorgan Active Bond ETF by 0.9% in the fourth quarter. Pallas Capital Advisors LLC now owns 797,106 shares of the company’s stock valued at $41,649,000 after acquiring an additional 7,372 shares in the last quarter. Baldwin Wealth Partners LLC MA bought a new position in shares of JPMorgan Active Bond ETF in the fourth quarter valued at approximately $39,469,000. Finally, Janney Montgomery Scott LLC grew its holdings in shares of JPMorgan Active Bond ETF by 691.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 437,071 shares of the company’s stock valued at $22,837,000 after acquiring an additional 381,865 shares in the last quarter.

JPMorgan Active Bond ETF Stock Down 0.4 %

JBND stock opened at $53.21 on Thursday. The business has a 50 day moving average of $52.53 and a 200-day moving average of $53.22. JPMorgan Active Bond ETF has a 12-month low of $50.93 and a 12-month high of $55.06.

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.