JPMorgan Active Bond ETF (NYSEARCA:JBND) is Diversified Portfolios Inc.’s 2nd Largest Position

Diversified Portfolios Inc. grew its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 844.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,274,873 shares of the company’s stock after purchasing an additional 1,139,869 shares during the quarter. JPMorgan Active Bond ETF makes up about 7.8% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 2nd biggest position. Diversified Portfolios Inc. owned 0.29% of JPMorgan Active Bond ETF worth $69,672,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Pallas Capital Advisors LLC boosted its holdings in JPMorgan Active Bond ETF by 8.6% in the third quarter. Pallas Capital Advisors LLC now owns 789,734 shares of the company’s stock valued at $42,069,000 after acquiring an additional 62,693 shares during the last quarter. LPL Financial LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 2nd quarter worth about $38,869,000. Royal Harbor Partners LLC lifted its stake in shares of JPMorgan Active Bond ETF by 18.5% in the 3rd quarter. Royal Harbor Partners LLC now owns 416,906 shares of the company’s stock valued at $22,784,000 after purchasing an additional 64,980 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth about $18,946,000. Finally, Avaii Wealth Management LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth about $18,302,000.

JPMorgan Active Bond ETF Trading Up 0.1 %

NYSEARCA JBND traded up $0.06 during mid-day trading on Thursday, hitting $52.66. The company’s stock had a trading volume of 27,370 shares, compared to its average volume of 94,634. JPMorgan Active Bond ETF has a 52-week low of $50.52 and a 52-week high of $55.06. The stock’s fifty day simple moving average is $53.85 and its two-hundred day simple moving average is $53.08.

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.