Geneos Wealth Management Inc. Makes New Investment in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Geneos Wealth Management Inc. purchased a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,159 shares of the company’s stock, valued at approximately $113,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Essex LLC bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $290,000. AQR Capital Management LLC acquired a new position in shares of JPMorgan Active Bond ETF during the second quarter worth approximately $309,000. Diversified Portfolios Inc. boosted its position in shares of JPMorgan Active Bond ETF by 844.3% in the third quarter. Diversified Portfolios Inc. now owns 1,274,873 shares of the company’s stock valued at $69,672,000 after acquiring an additional 1,139,869 shares during the period. Beaumont Financial Advisors LLC grew its stake in shares of JPMorgan Active Bond ETF by 11.6% in the third quarter. Beaumont Financial Advisors LLC now owns 13,165 shares of the company’s stock worth $719,000 after acquiring an additional 1,364 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. increased its position in JPMorgan Active Bond ETF by 5.1% during the third quarter. Sterling Investment Advisors Ltd. now owns 10,340 shares of the company’s stock worth $565,000 after acquiring an additional 500 shares during the period.

JPMorgan Active Bond ETF Price Performance

Shares of JPMorgan Active Bond ETF stock opened at $52.74 on Friday. The firm has a fifty day moving average price of $52.59 and a two-hundred day moving average price of $53.29. JPMorgan Active Bond ETF has a fifty-two week low of $50.93 and a fifty-two week high of $55.06.

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.