Smithbridge Asset Management Inc. DE Has $17.64 Million Position in JPMorgan Active Bond ETF $JBND

Smithbridge Asset Management Inc. DE trimmed its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 47.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 328,037 shares of the company’s stock after selling 292,967 shares during the period. JPMorgan Active Bond ETF makes up approximately 2.6% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 8th largest position. Smithbridge Asset Management Inc. DE owned about 0.24% of JPMorgan Active Bond ETF worth $17,639,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in shares of JPMorgan Active Bond ETF in the 4th quarter valued at approximately $324,493,000. LPL Financial LLC boosted its position in shares of 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 worth $709,353,000 after acquiring an additional 4,600,361 shares in the last quarter. Captrust Financial Advisors bought a new position in JPMorgan Active Bond ETF in the third quarter valued at approximately $226,490,000. JPMorgan Chase & Co. increased its stake in JPMorgan Active Bond ETF by 158.1% in the fourth quarter. JPMorgan Chase & Co. now owns 3,110,945 shares of the company’s stock valued at $168,209,000 after acquiring an additional 1,905,828 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in JPMorgan Active Bond ETF by 293.8% in the third quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock valued at $107,710,000 after acquiring an additional 1,483,659 shares during the last quarter.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND opened at $53.24 on Thursday. The firm has a 50 day simple moving average of $53.41 and a two-hundred day simple moving average of $53.86. JPMorgan Active Bond ETF has a one year low of $52.71 and a one year high of $55.78.

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.