Royal Bank of Canada Acquires 956,648 Shares of JPMorgan Active Bond ETF $JBND

Royal Bank of Canada increased its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 64.3% in the first quarter, Holdings Channel.com reports. The firm owned 2,443,755 shares of the company’s stock after acquiring an additional 956,648 shares during the period. Royal Bank of Canada’s holdings in JPMorgan Active Bond ETF were worth $131,401,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Aptus Capital Advisors LLC bought a new stake in JPMorgan Active Bond ETF in the third quarter worth $26,000. Richardson Financial Services Inc. bought a new position in shares of JPMorgan Active Bond ETF during the fourth quarter valued at about $27,000. Fairway Wealth LLC bought a new position in shares of JPMorgan Active Bond ETF during the fourth quarter valued at about $35,000. Clearstead Advisors LLC bought a new position in shares of JPMorgan Active Bond ETF during the fourth quarter valued at about $58,000. Finally, Advisory Services Network LLC purchased a new position in shares of JPMorgan Active Bond ETF in the third quarter worth about $66,000.

JPMorgan Active Bond ETF Price Performance

NYSEARCA JBND opened at $52.79 on Friday. JPMorgan Active Bond ETF has a 1-year low of $52.60 and a 1-year high of $55.78. The stock has a 50-day moving average of $53.20 and a 200-day moving average of $53.69.

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.