Axxcess Wealth Management LLC Makes New $2.17 Million Investment in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Axxcess Wealth Management LLC acquired a new position in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 41,605 shares of the company’s stock, valued at approximately $2,174,000. Axxcess Wealth Management LLC owned approximately 0.96% of JPMorgan Active Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc increased its holdings in shares of JPMorgan Active Bond ETF by 17.9% during the fourth quarter. IFP Advisors Inc now owns 3,378 shares of the company’s stock valued at $176,000 after acquiring an additional 512 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of JPMorgan Active Bond ETF during the fourth quarter valued at $39,000. USAdvisors Wealth Management LLC increased its holdings in shares of JPMorgan Active Bond ETF by 5.6% during the fourth quarter. USAdvisors Wealth Management LLC now owns 24,215 shares of the company’s stock valued at $1,265,000 after acquiring an additional 1,291 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in JPMorgan Active Bond ETF in the 4th quarter worth about $113,000. Finally, HighTower Advisors LLC increased its holdings in JPMorgan Active Bond ETF by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 77,563 shares of the company’s stock worth $4,053,000 after buying an additional 2,226 shares in the last quarter.

JPMorgan Active Bond ETF Trading Up 0.3 %

NYSEARCA JBND opened at $53.41 on Thursday. JPMorgan Active Bond ETF has a one year low of $50.93 and a one year high of $55.06. The stock has a 50-day moving average of $52.75 and a 200 day moving average of $53.16.

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.