Bleakley Financial Group LLC Makes New Investment in JPMorgan Active Bond ETF $JBND

Bleakley Financial Group LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the second quarter, HoldingsChannel.com reports. The firm bought 29,542 shares of the company’s stock, valued at approximately $1,583,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. LPL Financial LLC grew its position in shares of JPMorgan Active Bond ETF by 101.6% during the 1st quarter. LPL Financial LLC now owns 4,523,594 shares of the company’s stock worth $242,103,000 after purchasing an additional 2,280,193 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Active Bond ETF by 164.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,427,634 shares of the company’s stock worth $76,407,000 after purchasing an additional 887,922 shares in the last quarter. Berger Financial Group Inc grew its position in shares of JPMorgan Active Bond ETF by 1.3% during the 2nd quarter. Berger Financial Group Inc now owns 1,266,953 shares of the company’s stock worth $67,896,000 after purchasing an additional 16,023 shares in the last quarter. Cetera Investment Advisers grew its position in shares of JPMorgan Active Bond ETF by 643.8% during the 1st quarter. Cetera Investment Advisers now owns 1,038,526 shares of the company’s stock worth $55,582,000 after purchasing an additional 898,901 shares in the last quarter. Finally, CWM LLC grew its position in shares of JPMorgan Active Bond ETF by 834.2% during the 2nd quarter. CWM LLC now owns 978,086 shares of the company’s stock worth $52,416,000 after purchasing an additional 873,387 shares in the last quarter.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA:JBND opened at $54.64 on Friday. The company’s 50 day moving average price is $54.12 and its two-hundred day moving average price is $53.41. JPMorgan Active Bond ETF has a 12-month low of $51.65 and a 12-month high of $54.87.

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.