HighTower Advisors LLC Takes Position in JPMorgan Active Bond ETF (NYSEARCA:JBND)

HighTower Advisors LLC purchased a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 75,337 shares of the company’s stock, valued at approximately $4,102,000.

Several other large investors have also recently added to or reduced their stakes in the company. Insight Wealth Partners LLC bought a new position in JPMorgan Active Bond ETF during the third quarter worth about $6,173,000. Larson Financial Group LLC increased its holdings in shares of JPMorgan Active Bond ETF by 2,050.8% during the third quarter. Larson Financial Group LLC now owns 59,491 shares of the company’s stock worth $3,251,000 after purchasing an additional 56,725 shares during the period. Great Valley Advisor Group Inc. raised its position in shares of JPMorgan Active Bond ETF by 11.3% in the third quarter. Great Valley Advisor Group Inc. now owns 120,109 shares of the company’s stock valued at $6,564,000 after buying an additional 12,189 shares in the last quarter. Vawter Financial Ltd. boosted its stake in shares of JPMorgan Active Bond ETF by 98.5% in the third quarter. Vawter Financial Ltd. now owns 36,393 shares of the company’s stock valued at $1,989,000 after buying an additional 18,060 shares during the period. Finally, Diversified Portfolios Inc. grew its position in JPMorgan Active Bond ETF by 844.3% during the third quarter. Diversified Portfolios Inc. now owns 1,274,873 shares of the company’s stock worth $69,672,000 after buying an additional 1,139,869 shares in the last quarter.

JPMorgan Active Bond ETF Trading Down 0.3 %

NYSEARCA:JBND opened at $53.19 on Thursday. JPMorgan Active Bond ETF has a fifty-two week low of $50.93 and a fifty-two week high of $55.06. The stock has a fifty day moving average price of $53.20 and a 200-day moving average price of $53.27.

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.