Cedar Mountain Advisors LLC Invests $2.67 Million in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Cedar Mountain Advisors LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 51,182 shares of the company’s stock, valued at approximately $2,674,000. JPMorgan Active Bond ETF accounts for approximately 0.6% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Cedar Mountain Advisors LLC owned 1.18% of JPMorgan Active Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new position in shares of JPMorgan Active Bond ETF during the fourth quarter worth approximately $113,000. Beckerman Institutional LLC bought a new position in JPMorgan Active Bond ETF during the 3rd quarter worth $231,000. Financial Advocates Investment Management acquired a new position in JPMorgan Active Bond ETF in the 3rd quarter valued at $251,000. Essex LLC bought a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $290,000. Finally, AQR Capital Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 2nd quarter worth $309,000.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA JBND opened at $52.39 on Friday. The stock’s fifty day moving average is $52.60 and its 200 day moving average is $53.29. JPMorgan Active Bond ETF has a 52 week low of $50.93 and a 52 week high of $55.06.

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.