Beaumont Financial Advisors LLC Sells 682 Shares of JPMorgan Active Bond ETF (NYSEARCA:JBND)

Beaumont Financial Advisors LLC lowered its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 5.2% during the 4th quarter, Holdings Channel reports. The firm owned 12,483 shares of the company’s stock after selling 682 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sterling Investment Advisors Ltd. increased its stake in JPMorgan Active Bond ETF by 5.1% in the 3rd quarter. Sterling Investment Advisors Ltd. now owns 10,340 shares of the company’s stock worth $565,000 after acquiring an additional 500 shares during the last quarter. Peterson Wealth Advisors LLC increased its position in JPMorgan Active Bond ETF by 22.7% in the third quarter. Peterson Wealth Advisors LLC now owns 13,223 shares of the company’s stock worth $723,000 after purchasing an additional 2,446 shares during the last quarter. Beckerman Institutional LLC purchased a new stake in JPMorgan Active Bond ETF during the third quarter valued at $231,000. Financial Advocates Investment Management purchased a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at about $251,000. Finally, Essex LLC purchased a new position in JPMorgan Active Bond ETF in the third quarter worth about $290,000.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND stock opened at $52.40 on Thursday. The stock’s 50 day simple moving average is $52.61 and its two-hundred day simple moving average is $53.30. 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.