Parallel Advisors LLC Boosts Position in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Parallel Advisors LLC grew its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 1,569.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,907 shares of the company’s stock after buying an additional 96,744 shares during the quarter. Parallel Advisors LLC owned approximately 2.37% of JPMorgan Active Bond ETF worth $5,377,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JBND. LVZ Inc. bought a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter valued at approximately $44,253,000. Baldwin Wealth Partners LLC MA purchased a new position in shares of JPMorgan Active Bond ETF in the 4th quarter valued at $39,469,000. Independent Advisor Alliance purchased a new position in JPMorgan Active Bond ETF during the 4th quarter worth $32,000,000. Janney Montgomery Scott LLC grew its stake in JPMorgan Active Bond ETF by 691.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 437,071 shares of the company’s stock worth $22,837,000 after buying an additional 381,865 shares during the last quarter. Finally, IAG Wealth Partners LLC grew its stake in JPMorgan Active Bond ETF by 55,910.6% during the 4th quarter. IAG Wealth Partners LLC now owns 296,296 shares of the company’s stock worth $15,481,000 after buying an additional 295,767 shares during the last quarter.

JPMorgan Active Bond ETF Stock Up 0.1 %

Shares of JBND opened at $53.20 on Tuesday. The stock has a 50-day moving average of $52.70 and a two-hundred day moving average of $53.16. JPMorgan Active Bond ETF has a one year low of $50.93 and a one year 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.