Compass Financial Group Inc. Invests $3.51 Million in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Compass Financial Group Inc. acquired a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 64,260 shares of the company’s stock, valued at approximately $3,512,000. JPMorgan Active Bond ETF comprises approximately 1.6% of Compass Financial Group Inc.’s portfolio, making the stock its 17th biggest holding. Compass Financial Group Inc. owned approximately 1.48% of JPMorgan Active Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Pallas Capital Advisors LLC raised its position in shares of JPMorgan Active Bond ETF by 8.6% during the third quarter. Pallas Capital Advisors LLC now owns 789,734 shares of the company’s stock worth $42,069,000 after acquiring an additional 62,693 shares during the last quarter. LPL Financial LLC acquired a new stake in JPMorgan Active Bond ETF during the second quarter worth approximately $38,869,000. Royal Harbor Partners LLC grew its stake in JPMorgan Active Bond ETF by 18.5% during the third quarter. Royal Harbor Partners LLC now owns 416,906 shares of the company’s stock worth $22,784,000 after purchasing an additional 64,980 shares during the period. Innealta Capital LLC acquired a new stake in JPMorgan Active Bond ETF during the third quarter worth approximately $18,946,000. Finally, Avaii Wealth Management LLC acquired a new stake in JPMorgan Active Bond ETF during the third quarter worth approximately $18,302,000.

JPMorgan Active Bond ETF Stock Down 0.1 %

NYSEARCA JBND opened at $52.99 on Tuesday. The business has a 50 day simple moving average of $53.92 and a 200 day simple moving average of $53.07. JPMorgan Active Bond ETF has a one year low of $50.04 and a one year 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.