229,335 Shares in JPMorgan Active Bond ETF (NYSEARCA:JBND) Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. bought a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 229,335 shares of the company’s stock, valued at approximately $12,023,000. Focus Financial Network Inc. owned 5.27% of JPMorgan Active Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Golden State Wealth Management LLC acquired a new stake in JPMorgan Active Bond ETF in the fourth quarter worth approximately $39,000. Geneos Wealth Management Inc. bought a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter worth $113,000. Beckerman Institutional LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the third quarter valued at $231,000. Financial Advocates Investment Management acquired a new position in JPMorgan Active Bond ETF during the third quarter worth about $251,000. Finally, Essex LLC bought a new stake in JPMorgan Active Bond ETF in the third quarter worth about $290,000.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA JBND opened at $52.62 on Tuesday. The firm has a 50-day moving average of $52.52 and a two-hundred day moving average of $53.29. JPMorgan Active Bond ETF has a twelve month low of $50.93 and a twelve month 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.