Garden State Investment Advisory Services LLC Has $407,000 Stake in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Garden State Investment Advisory Services LLC cut its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 30.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,452 shares of the company’s stock after selling 3,190 shares during the period. Garden State Investment Advisory Services LLC owned about 0.17% of JPMorgan Active Bond ETF worth $407,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JBND. Ashton Thomas Private Wealth LLC bought a new position in JPMorgan Active Bond ETF during the 2nd quarter worth approximately $82,000. Larson Financial Group LLC bought a new stake in JPMorgan Active Bond ETF during the 2nd quarter valued at $145,000. Beckerman Institutional LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the 3rd quarter worth about $231,000. Financial Advocates Investment Management purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $251,000. Finally, Essex LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the third quarter valued at about $290,000.

JPMorgan Active Bond ETF Trading Down 0.2 %

Shares of JBND stock traded down $0.09 during trading hours on Friday, hitting $52.91. 21,800 shares of the company were exchanged, compared to its average volume of 112,755. The firm has a fifty day simple moving average of $53.17 and a 200 day simple moving average of $53.27. 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.