Avaii Wealth Management LLC Cuts Holdings in JPMorgan Active Bond ETF $JBND

Avaii Wealth Management LLC lowered its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 2.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,700 shares of the company’s stock after selling 620 shares during the period. JPMorgan Active Bond ETF comprises 0.5% of Avaii Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Avaii Wealth Management LLC’s holdings in JPMorgan Active Bond ETF were worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ascent Group LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth approximately $446,000. Ameriflex Group Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter valued at approximately $57,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Active Bond ETF by 1,003.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 296,992 shares of the company’s stock valued at $15,518,000 after purchasing an additional 270,073 shares in the last quarter. Taylor & Morgan Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the 1st quarter valued at $263,000. Finally, Bond & Devick Financial Network Inc. purchased a new stake in shares of JPMorgan Active Bond ETF during the 1st quarter worth $217,000.

JPMorgan Active Bond ETF Trading Down 0.1%

Shares of JBND stock opened at $54.17 on Thursday. The firm has a fifty day moving average price of $53.71 and a 200 day moving average price of $53.26. JPMorgan Active Bond ETF has a 12 month low of $51.65 and a 12 month high of $54.72.

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.