Pallas Capital Advisors LLC Raises Stake in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Pallas Capital Advisors LLC raised its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 797,106 shares of the company’s stock after purchasing an additional 7,372 shares during the period. JPMorgan Active Bond ETF accounts for approximately 1.8% of Pallas Capital Advisors LLC’s holdings, making the stock its 6th biggest holding. Pallas Capital Advisors LLC owned about 0.18% of JPMorgan Active Bond ETF worth $41,649,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JBND. Ashton Thomas Private Wealth LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 2nd quarter worth about $82,000. Beckerman Institutional LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth about $231,000. Financial Advocates Investment Management purchased a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter worth $251,000. Essex LLC purchased a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth about $290,000. Finally, Parallel Advisors LLC lifted its stake in JPMorgan Active Bond ETF by 45.8% in the second quarter. Parallel Advisors LLC now owns 5,813 shares of the company’s stock worth $304,000 after acquiring an additional 1,825 shares during the period.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA:JBND traded down $0.06 during trading on Monday, reaching $51.74. 105,545 shares of the company’s stock traded hands, compared to its average volume of 263,606. JPMorgan Active Bond ETF has a fifty-two week low of $50.93 and a fifty-two week high of $55.06. The company has a 50-day simple moving average of $52.71 and a 200-day simple moving average of $53.31.

JPMorgan Active Bond ETF 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.