Midwest Financial Network LLC Acquires New Position in JPMorgan Active Bond ETF $JBND

Midwest Financial Network LLC acquired a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 65,396 shares of the company’s stock, valued at approximately $3,516,000. JPMorgan Active Bond ETF comprises about 2.8% of Midwest Financial Network LLC’s portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also recently bought and sold shares of JBND. LPL Financial LLC raised its position in shares of 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 valued at $709,353,000 after acquiring an additional 4,600,361 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth $324,493,000. Captrust Financial Advisors grew its stake 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 during the period. Bank of America Corp DE grew 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 purchasing an additional 1,354,369 shares during the period. Finally, Cetera Investment Advisers increased its holdings in JPMorgan Active Bond ETF by 27.2% in the first 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 Price Performance

NYSEARCA:JBND opened at $52.68 on Friday. JPMorgan Active Bond ETF has a 1-year low of $52.59 and a 1-year high of $55.78. The business’s 50-day moving average price is $53.19 and its two-hundred day moving average price is $53.68.

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.