Cedar Mountain Advisors LLC Acquires New Shares in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Cedar Mountain Advisors LLC bought a new position in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, Holdings Channel.com reports. The firm bought 51,182 shares of the company’s stock, valued at approximately $2,674,000. JPMorgan Active Bond ETF comprises about 0.6% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Sterling Investment Advisors Ltd. increased its position in JPMorgan Active Bond ETF by 5.1% during 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 in the last quarter. Beaumont Financial Advisors LLC increased its holdings in shares of JPMorgan Active Bond ETF by 11.6% during the third quarter. Beaumont Financial Advisors LLC now owns 13,165 shares of the company’s stock worth $719,000 after buying an additional 1,364 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of JPMorgan Active Bond ETF in the 4th quarter valued at $113,000. Peterson Wealth Advisors LLC boosted its holdings in shares of JPMorgan Active Bond ETF by 22.7% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 13,223 shares of the company’s stock valued at $723,000 after acquiring an additional 2,446 shares in the last quarter. Finally, Beckerman Institutional LLC bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth $231,000.

JPMorgan Active Bond ETF Stock Up 0.2 %

Shares of JBND opened at $52.39 on Friday. The business has a 50-day simple moving average of $52.60 and a two-hundred day simple moving average of $53.29. 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.