Pine Valley Investments Ltd Liability Co Buys 12,409 Shares of JPMorgan Active Bond ETF $JBND

Pine Valley Investments Ltd Liability Co lifted its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 3.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 339,904 shares of the company’s stock after buying an additional 12,409 shares during the quarter. JPMorgan Active Bond ETF makes up about 0.8% of Pine Valley Investments Ltd Liability Co’s investment portfolio, making the stock its 25th largest position. Pine Valley Investments Ltd Liability Co owned about 0.24% of JPMorgan Active Bond ETF worth $18,277,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JBND. Goldman Sachs Group Inc. bought a new stake in JPMorgan Active Bond ETF in the 1st quarter valued at $10,586,000. Cary Street Partners Financial LLC lifted its stake in JPMorgan Active Bond ETF by 414.7% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock worth $103,000 after purchasing an additional 1,551 shares in the last quarter. Vienna Asset Management LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 20.8% during the 2nd quarter. Vienna Asset Management LLC now owns 40,577 shares of the company’s stock valued at $2,175,000 after purchasing an additional 6,975 shares during the last quarter. Bank of America Corp DE bought a new position in shares of JPMorgan Active Bond ETF during the 2nd quarter valued at about $18,593,000. Finally, MML Investors Services LLC grew its position in shares of JPMorgan Active Bond ETF by 20.4% during the second quarter. MML Investors Services LLC now owns 934,225 shares of the company’s stock valued at $50,065,000 after purchasing an additional 158,229 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of JBND stock opened at $52.68 on Monday. JPMorgan Active Bond ETF has a 12-month low of $52.59 and a 12-month high of $55.78. The stock’s 50-day moving average price is $53.19 and its 200-day moving average price is $53.68.

JPMorgan Active Bond ETF Company 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.