Cooper Financial Group Purchases 31,463 Shares of JPMorgan Active Bond ETF (NYSEARCA:JBND)

Cooper Financial Group boosted its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 38.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 112,686 shares of the company’s stock after buying an additional 31,463 shares during the period. JPMorgan Active Bond ETF comprises about 0.7% of Cooper Financial Group’s portfolio, making the stock its 29th biggest holding. Cooper Financial Group’s holdings in JPMorgan Active Bond ETF were worth $5,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pine Valley Investments Ltd Liability Co increased its holdings in shares of JPMorgan Active Bond ETF by 11.2% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 197,329 shares of the company’s stock worth $10,784,000 after purchasing an additional 19,931 shares during the period. MML Investors Services LLC bought a new position in JPMorgan Active Bond ETF during the 3rd quarter worth $1,341,000. Vienna Asset Management LLC raised its holdings in JPMorgan Active Bond ETF by 91.8% in the 3rd quarter. Vienna Asset Management LLC now owns 24,734 shares of the company’s stock valued at $1,352,000 after acquiring an additional 11,839 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $4,102,000. Finally, Insight Wealth Partners LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth $6,173,000.

JPMorgan Active Bond ETF Price Performance

JBND stock traded down $0.04 during mid-day trading on Monday, hitting $51.76. The stock had a trading volume of 76,110 shares, compared to its average volume of 258,599. The firm has a fifty day simple moving average of $52.71 and a 200 day simple moving average of $53.31. JPMorgan Active Bond ETF has a 52 week low of $50.93 and a 52 week high of $55.06.

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.