US Bancorp DE Invests $140,000 in JPMorgan Active Bond ETF (NYSEARCA:JBND)

US Bancorp DE purchased a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 2,670 shares of the company’s stock, valued at approximately $140,000.

Several other hedge funds have also made changes to their positions in JBND. Baldwin Wealth Partners LLC MA acquired a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth about $39,469,000. Janney Montgomery Scott LLC lifted its position in shares of JPMorgan Active Bond ETF by 691.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 437,071 shares of the company’s stock worth $22,837,000 after purchasing an additional 381,865 shares in the last quarter. Goldstone Financial Group LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth about $12,927,000. Focus Financial Network Inc. acquired a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth about $12,023,000. Finally, Cobblestone Asset Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the fourth quarter worth about $10,221,000.

JPMorgan Active Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:JBND opened at $53.17 on Monday. The firm’s 50 day moving average price is $52.68 and its 200 day moving average price is $53.17. JPMorgan Active Bond ETF has a fifty-two week low of $50.93 and a fifty-two week high of $55.06.

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.