Janney Montgomery Scott LLC Purchases 1,476,606 Shares of JPMorgan Active Bond ETF $JBND

Janney Montgomery Scott LLC grew its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 255.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,054,089 shares of the company’s stock after buying an additional 1,476,606 shares during the period. Janney Montgomery Scott LLC owned approximately 1.82% of JPMorgan Active Bond ETF worth $111,065,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP bought a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter valued at approximately $324,493,000. LPL Financial LLC boosted its stake in JPMorgan Active Bond ETF by 54.0% during the 4th quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock valued at $709,353,000 after purchasing an additional 4,600,361 shares during the last quarter. Captrust Financial Advisors purchased a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at $226,490,000. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Active Bond ETF by 158.1% in the 4th quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock worth $168,209,000 after purchasing an additional 1,905,828 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of JPMorgan Active Bond ETF by 293.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock worth $107,710,000 after purchasing an additional 1,483,659 shares in the last quarter.

JPMorgan Active Bond ETF Stock Down 0.2%

Shares of NYSEARCA:JBND opened at $53.08 on Thursday. JPMorgan Active Bond ETF has a 1 year low of $52.71 and a 1 year high of $55.78. The stock’s fifty day moving average price is $53.51 and its 200-day moving average price is $53.95.

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.