JPMorgan Active Bond ETF $JBND Stock Position Cut by Peak Financial Advisors LLC

Peak Financial Advisors LLC cut its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 6.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 259,406 shares of the company’s stock after selling 18,870 shares during the quarter. JPMorgan Active Bond ETF comprises about 6.2% of Peak Financial Advisors LLC’s holdings, making the stock its 5th biggest holding. Peak Financial Advisors LLC owned about 0.19% of JPMorgan Active Bond ETF worth $13,948,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Active Bond ETF during the 1st quarter valued at about $10,586,000. Cary Street Partners Financial LLC raised its stake in JPMorgan Active Bond ETF by 414.7% in the second quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock worth $103,000 after buying an additional 1,551 shares in the last quarter. Vienna Asset Management LLC raised its stake in JPMorgan Active Bond ETF by 20.8% in the second quarter. Vienna Asset Management LLC now owns 40,577 shares of the company’s stock worth $2,175,000 after buying an additional 6,975 shares in the last quarter. Bank of America Corp DE purchased a new stake in JPMorgan Active Bond ETF in the second quarter worth about $18,593,000. Finally, MML Investors Services LLC lifted its holdings in JPMorgan Active Bond ETF by 20.4% in the second quarter. MML Investors Services LLC now owns 934,225 shares of the company’s stock worth $50,065,000 after buying an additional 158,229 shares during the period.

JPMorgan Active Bond ETF Price Performance

JPMorgan Active Bond ETF stock opened at $53.70 on Monday. The stock’s 50 day simple moving average is $53.44 and its two-hundred day simple moving average is $53.87. JPMorgan Active Bond ETF has a fifty-two week low of $52.71 and a fifty-two week high of $55.78.

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.