Essex LLC Sells 127,637 Shares of JPMorgan Active Bond ETF $JBND

Essex LLC trimmed its stake in JPMorgan Active Bond ETF (NYSE:JBND) by 16.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 670,529 shares of the company’s stock after selling 127,637 shares during the period. JPMorgan Active Bond ETF comprises 4.8% of Essex LLC’s investment portfolio, making the stock its 4th biggest holding. Essex LLC’s holdings in JPMorgan Active Bond ETF were worth $34,277,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of JBND. Firethorn Wealth Partners LLC grew its stake in shares of JPMorgan Active Bond ETF by 20.9% during the third quarter. Firethorn Wealth Partners LLC now owns 10,701 shares of the company’s stock worth $547,000 after purchasing an additional 1,853 shares in the last quarter. Enclave Advisors LLC acquired a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter valued at $391,000. Baldwin Wealth Partners LLC MA purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter worth about $76,009,000. Taylor & Morgan Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth $364,000. Finally, Capital Advisors Wealth Management LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 19.6% in the third quarter. Capital Advisors Wealth Management LLC now owns 281,859 shares of the company’s stock valued at $14,409,000 after acquiring an additional 46,242 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

JPMorgan Active Bond ETF stock traded up $0.10 during midday trading on Wednesday, reaching $51.20. The company’s stock had a trading volume of 1,184,063 shares, compared to its average volume of 1,033,810. JPMorgan Active Bond ETF has a fifty-two week low of $50.70 and a fifty-two week high of $55.78. The stock’s 50 day simple moving average is $52.05 and its 200 day simple moving average is $52.89.

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.