AdvisorNet Financial Inc purchased a new position in JPMorgan Active Bond ETF (NYSE:JBND – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 404,947 shares of the company’s stock, valued at approximately $20,733,000. JPMorgan Active Bond ETF accounts for approximately 0.9% of AdvisorNet Financial Inc’s holdings, making the stock its 29th biggest position.
A number of other institutional investors also recently bought and sold shares of the business. Allworth Financial LP lifted its stake in JPMorgan Active Bond ETF by 48.5% during the 2nd quarter. Allworth Financial LP now owns 9,101,672 shares of the company’s stock valued at $486,939,000 after acquiring an additional 2,971,765 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Active Bond ETF by 38.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,099,381 shares of the company’s stock valued at $272,817,000 after acquiring an additional 1,418,178 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of JPMorgan Active Bond ETF by 47.2% in the 1st quarter. Bank of America Corp DE now owns 4,223,148 shares of the company’s stock valued at $227,079,000 after acquiring an additional 1,354,369 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of JPMorgan Active Bond ETF by 27.2% in the 1st quarter. Cetera Investment Advisers now owns 3,834,235 shares of the company’s stock valued at $206,167,000 after acquiring an additional 820,562 shares during the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of JPMorgan Active Bond ETF by 35.2% in the first quarter. Private Advisor Group LLC now owns 3,555,302 shares of the company’s stock worth $191,169,000 after acquiring an additional 925,032 shares during the period.
JPMorgan Active Bond ETF Trading Up 0.6%
NYSE:JBND opened at $51.52 on Friday. The company’s fifty day moving average price is $51.99 and its 200-day moving average price is $52.86. JPMorgan Active Bond ETF has a 1-year low of $50.70 and a 1-year 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.
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