Sequoia Financial Advisors LLC Decreases Stake in JPMorgan Active Bond ETF $JBND

Sequoia Financial Advisors LLC cut its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 21.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 56,251 shares of the company’s stock after selling 15,579 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $3,025,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in JBND. Blue Trust Inc. boosted its holdings in JPMorgan Active Bond ETF by 1.0% during the first quarter. Blue Trust Inc. now owns 19,509 shares of the company’s stock worth $1,049,000 after buying an additional 196 shares in the last quarter. High Falls Advisors Inc increased its holdings in JPMorgan Active Bond ETF by 5.0% in the fourth quarter. High Falls Advisors Inc now owns 4,541 shares of the company’s stock valued at $246,000 after buying an additional 218 shares in the last quarter. Latitude Advisors LLC lifted its position in shares of JPMorgan Active Bond ETF by 5.5% during the 1st quarter. Latitude Advisors LLC now owns 4,849 shares of the company’s stock valued at $261,000 after acquiring an additional 254 shares during the period. Aptus Capital Advisors LLC lifted its position in shares of JPMorgan Active Bond ETF by 68.8% during the 4th quarter. Aptus Capital Advisors LLC now owns 802 shares of the company’s stock valued at $43,000 after acquiring an additional 327 shares during the period. Finally, Prospect Financial Services LLC lifted its position in shares of JPMorgan Active Bond ETF by 8.2% during the 4th quarter. Prospect Financial Services LLC now owns 4,475 shares of the company’s stock valued at $242,000 after acquiring an additional 340 shares during the period.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA:JBND opened at $52.85 on Tuesday. The business’s 50 day simple moving average is $53.30 and its 200-day simple moving average is $53.80. JPMorgan Active Bond ETF has a 12 month low of $52.71 and a 12 month high of $55.78.

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.