Cooper Financial Group Purchases 31,463 Shares of JPMorgan Active Bond ETF (NYSEARCA:JBND)

Cooper Financial Group boosted its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 38.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,686 shares of the company’s stock after acquiring an additional 31,463 shares during the period. JPMorgan Active Bond ETF accounts for 0.7% of Cooper Financial Group’s portfolio, making the stock its 29th largest position. Cooper Financial Group owned 2.59% of JPMorgan Active Bond ETF worth $5,888,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Active Bond ETF by 63.7% during the second quarter. Commonwealth Equity Services LLC now owns 16,812 shares of the company’s stock worth $878,000 after buying an additional 6,545 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in JPMorgan Active Bond ETF in the second quarter valued at about $82,000. LPL Financial LLC bought a new position in JPMorgan Active Bond ETF during the second quarter worth about $38,869,000. Parallel Advisors LLC grew its position in shares of JPMorgan Active Bond ETF by 45.8% during the 2nd quarter. Parallel Advisors LLC now owns 5,813 shares of the company’s stock worth $304,000 after buying an additional 1,825 shares during the period. Finally, AQR Capital Management LLC bought a new stake in shares of JPMorgan Active Bond ETF in the 2nd quarter valued at about $309,000.

JPMorgan Active Bond ETF Price Performance

Shares of JBND stock traded down $0.04 on Monday, hitting $51.76. The stock had a trading volume of 76,110 shares, compared to its average volume of 258,599. JPMorgan Active Bond ETF has a twelve month low of $50.93 and a twelve month high of $55.06. The company has a fifty day moving average price of $52.71 and a two-hundred day moving average price of $53.31.

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.