Echo Wealth Management LLC Acquires 104,585 Shares of JPMorgan Active Bond ETF $JBND

Echo Wealth Management LLC boosted its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 63.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 269,004 shares of the company’s stock after purchasing an additional 104,585 shares during the quarter. JPMorgan Active Bond ETF accounts for about 8.3% of Echo Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Echo Wealth Management LLC owned approximately 0.20% of JPMorgan Active Bond ETF worth $14,464,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JBND. Cary Street Partners Financial LLC grew its position in shares of JPMorgan Active Bond ETF by 10.2% during the 3rd quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock worth $115,000 after purchasing an additional 196 shares in the last quarter. Blue Trust Inc. raised its position in shares of JPMorgan Active Bond ETF by 1.0% in the first quarter. Blue Trust Inc. now owns 19,509 shares of the company’s stock valued at $1,049,000 after buying an additional 196 shares in the last quarter. High Falls Advisors Inc boosted its stake in shares of JPMorgan Active Bond ETF by 5.0% in the fourth quarter. High Falls Advisors Inc now owns 4,541 shares of the company’s stock valued at $246,000 after buying an additional 218 shares during the period. Aptus Capital Advisors LLC boosted its stake in shares of JPMorgan Active Bond ETF by 68.8% in the fourth quarter. Aptus Capital Advisors LLC now owns 802 shares of the company’s stock valued at $43,000 after buying an additional 327 shares during the period. Finally, Prospect Financial Services LLC boosted its stake in shares of JPMorgan Active Bond ETF by 8.2% in the fourth quarter. Prospect Financial Services LLC now owns 4,475 shares of the company’s stock valued at $242,000 after buying an additional 340 shares during the period.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA:JBND opened at $53.70 on Friday. The business’s 50 day simple moving average is $53.44 and its 200 day simple moving average is $53.87. JPMorgan Active Bond ETF has a 1 year low of $52.71 and a 1 year high of $55.78.

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.