Pallas Capital Advisors LLC Grows Stock Position in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Pallas Capital Advisors LLC grew its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 8.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 789,734 shares of the company’s stock after acquiring an additional 62,693 shares during the quarter. JPMorgan Active Bond ETF accounts for approximately 1.7% of Pallas Capital Advisors LLC’s investment portfolio, making the stock its 7th largest position. Pallas Capital Advisors LLC owned 0.18% of JPMorgan Active Bond ETF worth $42,069,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC bought a new stake in JPMorgan Active Bond ETF during the 2nd quarter worth $38,869,000. Avaii Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at about $18,302,000. Means Investment CO. Inc. grew its holdings in shares of JPMorgan Active Bond ETF by 9.8% during the third quarter. Means Investment CO. Inc. now owns 324,927 shares of the company’s stock worth $17,757,000 after purchasing an additional 29,011 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its stake in shares of JPMorgan Active Bond ETF by 4.1% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 177,398 shares of the company’s stock valued at $9,269,000 after buying an additional 6,937 shares during the period. Finally, Diversified Portfolios Inc. acquired a new position in shares of JPMorgan Active Bond ETF in the second quarter valued at approximately $7,054,000.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA JBND opened at $53.11 on Tuesday. The firm has a 50 day moving average price of $54.16 and a two-hundred day moving average price of $52.95. JPMorgan Active Bond ETF has a 52-week low of $49.38 and a 52-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.