Sequoia Financial Advisors LLC Sells 27,080 Shares of JPMorgan Active Bond ETF $JBND

Sequoia Financial Advisors LLC trimmed its holdings in shares of JPMorgan Active Bond ETF (NYSE:JBND) by 48.1% in the second quarter, HoldingsChannel.com reports. The fund owned 29,171 shares of the company’s stock after selling 27,080 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $1,561,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of JBND. Janney Montgomery Scott LLC grew its stake in JPMorgan Active Bond ETF by 255.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock valued at $111,065,000 after purchasing an additional 1,476,606 shares during the period. Global Retirement Partners LLC raised its stake in shares of JPMorgan Active Bond ETF by 22.0% during the 4th quarter. Global Retirement Partners LLC now owns 176,231 shares of the company’s stock worth $9,529,000 after purchasing an additional 31,806 shares during the period. MML Investors Services LLC raised its stake in shares of JPMorgan Active Bond ETF by 31.6% during the 4th quarter. MML Investors Services LLC now owns 1,401,713 shares of the company’s stock worth $75,791,000 after purchasing an additional 336,831 shares during the period. Larson Financial Group LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 11.2% in the 4th quarter. Larson Financial Group LLC now owns 608,573 shares of the company’s stock worth $32,906,000 after buying an additional 61,408 shares during the last quarter. Finally, Northwest Financial Advisors purchased a new position in shares of JPMorgan Active Bond ETF in the 1st quarter worth about $609,000.

JPMorgan Active Bond ETF Stock Performance

JBND opened at $51.84 on Wednesday. JPMorgan Active Bond ETF has a fifty-two week low of $51.76 and a fifty-two week high of $55.78. The firm has a 50-day moving average of $52.67 and a 200 day moving average of $53.28.

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.