Strategic Financial Concepts LLC Acquires New Shares in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Strategic Financial Concepts LLC bought a new position in JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,767 shares of the company’s stock, valued at approximately $1,294,000. Strategic Financial Concepts LLC owned about 0.57% of JPMorgan Active Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JBND. Geneos Wealth Management Inc. bought a new position in JPMorgan Active Bond ETF during the fourth quarter valued at approximately $113,000. Beckerman Institutional LLC acquired a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth $231,000. Financial Advocates Investment Management bought a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $251,000. Essex LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the 3rd quarter valued at $290,000. Finally, AQR Capital Management LLC bought a new stake in JPMorgan Active Bond ETF in the second quarter worth $309,000.

JPMorgan Active Bond ETF Stock Performance

NYSEARCA JBND opened at $52.62 on Tuesday. The stock’s 50-day moving average is $52.52 and its two-hundred day moving average is $53.29. JPMorgan Active Bond ETF has a fifty-two week low of $50.93 and a fifty-two week 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.