Balentine LLC Reduces Stock Holdings in JPMorgan Active Bond ETF $JBND

Balentine LLC reduced its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 87.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,442 shares of the company’s stock after selling 9,929 shares during the quarter. Balentine LLC’s holdings in JPMorgan Active Bond ETF were worth $78,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JBND. Allworth Financial LP purchased a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter valued at about $324,493,000. LPL Financial LLC increased its position in JPMorgan Active Bond ETF by 54.0% in 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 period. Captrust Financial Advisors purchased a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $226,490,000. JPMorgan Chase & Co. raised its stake in JPMorgan Active Bond ETF by 158.1% during the 4th quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock valued at $168,209,000 after acquiring an additional 1,905,828 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in JPMorgan Active Bond ETF by 293.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock worth $107,710,000 after acquiring an additional 1,483,659 shares during the period.

JPMorgan Active Bond ETF Stock Down 0.5%

JPMorgan Active Bond ETF stock opened at $53.24 on Thursday. The stock has a 50 day moving average of $53.41 and a two-hundred day moving average of $53.86. JPMorgan Active Bond ETF has a twelve month low of $52.71 and a twelve month high of $55.78.

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.