Compass Financial Group Inc. cut its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND – Free Report) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 61,813 shares of the company’s stock after selling 2,447 shares during the period. JPMorgan Active Bond ETF accounts for about 1.5% of Compass Financial Group Inc.’s holdings, making the stock its 20th biggest holding. Compass Financial Group Inc.’s holdings in JPMorgan Active Bond ETF were worth $3,230,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC acquired a new position in JPMorgan Active Bond ETF in the third quarter valued at approximately $810,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $1,471,000. Financial Advocates Investment Management purchased a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $251,000. 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 during the period. Finally, Innealta Capital LLC purchased a new stake in JPMorgan Active Bond ETF during the third quarter worth $18,946,000.
JPMorgan Active Bond ETF Stock Performance
JBND stock opened at $53.34 on Friday. JPMorgan Active Bond ETF has a one year low of $50.93 and a one year high of $55.06. The firm’s fifty day moving average is $52.46 and its 200 day moving average is $53.24.
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.
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