Balentine LLC Trims Position in JPMorgan Active Bond ETF $JBND

Balentine LLC decreased its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 87.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,442 shares of the company’s stock after selling 9,929 shares during the quarter. Balentine LLC’s holdings in JPMorgan Active Bond ETF were worth $78,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $26,000. Richardson Financial Services Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter worth $27,000. Fairway Wealth LLC bought a new position in shares of JPMorgan Active Bond ETF during the 4th quarter worth $35,000. Clearstead Advisors LLC bought a new position in shares of JPMorgan Active Bond ETF during the 4th quarter worth $58,000. Finally, Advisory Services Network LLC purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter valued at $66,000.

JPMorgan Active Bond ETF Stock Performance

JBND stock opened at $53.24 on Thursday. The business has a 50-day moving average price of $53.41 and a 200 day moving average price of $53.86. JPMorgan Active Bond ETF has a 1-year low of $52.71 and a 1-year high of $55.78.

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.