Cobblestone Asset Management LLC Purchases New Holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Cobblestone Asset Management LLC acquired a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 195,622 shares of the company’s stock, valued at approximately $10,221,000. JPMorgan Active Bond ETF makes up 6.7% of Cobblestone Asset Management LLC’s holdings, making the stock its 2nd biggest holding.

A number of other hedge funds have also recently bought and sold shares of the company. Essex LLC bought a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth approximately $290,000. AQR Capital Management LLC bought a new stake in shares of JPMorgan Active Bond ETF during the 2nd quarter valued at $309,000. Diversified Portfolios Inc. lifted its stake in shares of JPMorgan Active Bond ETF by 844.3% in the 3rd quarter. Diversified Portfolios Inc. now owns 1,274,873 shares of the company’s stock valued at $69,672,000 after purchasing an additional 1,139,869 shares during the period. Beaumont Financial Advisors LLC lifted its stake in shares of JPMorgan Active Bond ETF by 11.6% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 13,165 shares of the company’s stock valued at $719,000 after purchasing an additional 1,364 shares during the period. Finally, Sterling Investment Advisors Ltd. boosted its position in shares of JPMorgan Active Bond ETF by 5.1% in the 3rd quarter. Sterling Investment Advisors Ltd. now owns 10,340 shares of the company’s stock worth $565,000 after purchasing an additional 500 shares during the last quarter.

JPMorgan Active Bond ETF Trading Up 0.2 %

NYSEARCA JBND opened at $52.39 on Monday. The stock has a 50-day simple moving average of $52.60 and a 200 day simple moving average of $53.30. JPMorgan Active Bond ETF has a 12 month low of $50.93 and a 12 month high of $55.06.

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.