Diversified Portfolios Inc. grew its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,351,629 shares of the company’s stock after purchasing an additional 76,756 shares during the period. JPMorgan Active Bond ETF comprises about 7.7% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 2nd biggest holding. Diversified Portfolios Inc. owned 0.31% of JPMorgan Active Bond ETF worth $70,623,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Golden State Wealth Management LLC purchased a new stake in JPMorgan Active Bond ETF in the fourth quarter worth approximately $39,000. Geneos Wealth Management Inc. purchased a new stake in JPMorgan Active Bond ETF during the fourth quarter valued at $113,000. Beckerman Institutional LLC bought a new position in JPMorgan Active Bond ETF in the third quarter valued at about $231,000. Financial Advocates Investment Management purchased a new position in JPMorgan Active Bond ETF in the third quarter worth about $251,000. Finally, Essex LLC bought a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at about $290,000.
JPMorgan Active Bond ETF Stock Down 0.2 %
NYSEARCA JBND opened at $52.51 on Wednesday. The company has a 50-day moving average price of $52.51 and a 200-day moving average price of $53.29. JPMorgan Active Bond ETF has a 52 week low of $50.93 and a 52 week high of $55.06.
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.
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