Cobblestone Asset Management LLC Makes New $10.22 Million Investment in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Cobblestone Asset Management LLC acquired a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 195,622 shares of the company’s stock, valued at approximately $10,221,000. JPMorgan Active Bond ETF comprises about 6.7% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Cobblestone Asset Management LLC owned about 4.50% of JPMorgan Active Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sterling Investment Advisors Ltd. lifted its position in JPMorgan Active Bond ETF by 5.1% in the third quarter. Sterling Investment Advisors Ltd. now owns 10,340 shares of the company’s stock worth $565,000 after purchasing an additional 500 shares during the period. Beaumont Financial Advisors LLC raised its stake in shares of JPMorgan Active Bond ETF by 11.6% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 13,165 shares of the company’s stock worth $719,000 after buying an additional 1,364 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter valued at $113,000. Peterson Wealth Advisors LLC boosted its stake in JPMorgan Active Bond ETF by 22.7% during the third quarter. Peterson Wealth Advisors LLC now owns 13,223 shares of the company’s stock valued at $723,000 after buying an additional 2,446 shares in the last quarter. Finally, Beckerman Institutional LLC acquired a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter worth approximately $231,000.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA JBND opened at $52.39 on Monday. JPMorgan Active Bond ETF has a one year low of $50.93 and a one year high of $55.06. The business has a 50-day moving average price of $52.60 and a two-hundred day moving average price of $53.30.

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.