Beam Wealth Advisors Inc. Takes $613,000 Position in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Beam Wealth Advisors Inc. acquired a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 11,740 shares of the company’s stock, valued at approximately $613,000.

A number of other hedge funds also recently made changes to their positions in JBND. Golden State Wealth Management LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter valued at approximately $39,000. Geneos Wealth Management Inc. acquired a new stake in JPMorgan Active Bond ETF during the 4th quarter worth approximately $113,000. US Bancorp DE acquired a new stake in JPMorgan Active Bond ETF during the 4th quarter worth approximately $140,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Active Bond ETF during the 4th quarter worth approximately $149,000. Finally, JFS Wealth Advisors LLC acquired a new stake in JPMorgan Active Bond ETF during the 4th quarter worth approximately $151,000.

JPMorgan Active Bond ETF Price Performance

NYSEARCA:JBND opened at $53.21 on Friday. The stock has a 50 day simple moving average of $52.55 and a 200 day simple moving average of $53.22. JPMorgan Active Bond ETF has a 1-year low of $50.93 and a 1-year 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.