Echo Wealth Management LLC Has $14.46 Million Position in JPMorgan Active Bond ETF $JBND

Echo Wealth Management LLC boosted its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 63.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,004 shares of the company’s stock after buying an additional 104,585 shares during the period. JPMorgan Active Bond ETF makes up approximately 8.3% of Echo Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. Echo Wealth Management LLC’s holdings in JPMorgan Active Bond ETF were worth $14,464,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of JPMorgan Active Bond ETF by 54.0% in the 4th quarter. LPL Financial LLC now owns 13,119,154 shares of the company’s stock valued at $709,353,000 after buying an additional 4,600,361 shares in the last quarter. Allworth Financial LP bought a new stake in shares of JPMorgan Active Bond ETF during the 4th quarter worth approximately $324,493,000. Captrust Financial Advisors lifted its holdings in shares of JPMorgan Active Bond ETF by 10.6% during the 4th quarter. Captrust Financial Advisors now owns 4,623,078 shares of the company’s stock worth $249,970,000 after acquiring an additional 441,209 shares during the period. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Active Bond ETF by 158.1% during the 4th quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock worth $168,209,000 after acquiring an additional 1,905,828 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan Active Bond ETF by 35.7% during the 4th quarter. Cetera Investment Advisers now owns 3,013,673 shares of the company’s stock worth $162,949,000 after acquiring an additional 792,069 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA:JBND opened at $53.70 on Friday. JPMorgan Active Bond ETF has a 1 year low of $52.71 and a 1 year high of $55.78. The company’s 50 day simple moving average is $53.44 and its 200 day simple moving average is $53.87.

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.