Essex Financial Services Inc. Raises Stake in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Essex Financial Services Inc. boosted its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 215.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 113,271 shares of the company’s stock after buying an additional 77,392 shares during the period. Essex Financial Services Inc. owned approximately 2.60% of JPMorgan Active Bond ETF worth $5,918,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Golden State Wealth Management LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 4th quarter valued at $39,000. Geneos Wealth Management Inc. purchased a new position in JPMorgan Active Bond ETF in the fourth quarter valued at about $113,000. Beckerman Institutional LLC acquired a new position in shares of JPMorgan Active Bond ETF during the third quarter worth about $231,000. Financial Advocates Investment Management acquired a new position in shares of JPMorgan Active Bond ETF during the third quarter worth about $251,000. Finally, Essex LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter worth about $290,000.

JPMorgan Active Bond ETF Trading Up 0.0 %

JBND stock opened at $52.62 on Tuesday. The stock has a 50-day simple moving average of $52.52 and a 200-day simple moving average of $53.29. JPMorgan Active Bond ETF has a 1 year low of $50.93 and a 1 year high of $55.06.

JPMorgan Active Bond ETF Company 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.