GGM Financials LLC Grows Stock Holdings in JPMorgan Active Bond ETF $JBND

GGM Financials LLC increased its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 92.0% in the 2nd quarter, Holdings Channel reports. The firm owned 12,078 shares of the company’s stock after buying an additional 5,787 shares during the period. GGM Financials LLC’s holdings in JPMorgan Active Bond ETF were worth $647,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in JBND. AdvisorNet Financial Inc purchased a new position in shares of JPMorgan Active Bond ETF during the second quarter valued at approximately $53,000. Northwestern Mutual Wealth Management Co. purchased a new stake in JPMorgan Active Bond ETF during the first quarter valued at approximately $82,000. PNC Financial Services Group Inc. purchased a new stake in JPMorgan Active Bond ETF during the first quarter valued at approximately $136,000. Harbour Investments Inc. increased its holdings in JPMorgan Active Bond ETF by 21.5% during the second quarter. Harbour Investments Inc. now owns 2,890 shares of the company’s stock valued at $155,000 after buying an additional 511 shares during the last quarter. Finally, Ignite Planners LLC purchased a new stake in JPMorgan Active Bond ETF during the second quarter valued at approximately $220,000.

JPMorgan Active Bond ETF Stock Up 0.1%

Shares of JBND stock opened at $54.67 on Tuesday. JPMorgan Active Bond ETF has a 12 month low of $51.65 and a 12 month high of $54.87. The company has a 50 day simple moving average of $54.14 and a two-hundred day simple moving average of $53.43.

About JPMorgan Active Bond ETF

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.