Garden State Investment Advisory Services LLC Reduces Holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Garden State Investment Advisory Services LLC decreased its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 30.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,452 shares of the company’s stock after selling 3,190 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in JPMorgan Active Bond ETF were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new position in shares of JPMorgan Active Bond ETF in the second quarter worth approximately $82,000. Larson Financial Group LLC bought a new stake in shares of JPMorgan Active Bond ETF during the second quarter valued at approximately $145,000. Beckerman Institutional LLC bought a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $231,000. Financial Advocates Investment Management bought a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $251,000. Finally, Essex LLC bought a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $290,000.

JPMorgan Active Bond ETF Trading Down 0.4 %

JPMorgan Active Bond ETF stock opened at $53.22 on Tuesday. JPMorgan Active Bond ETF has a 1 year low of $50.93 and a 1 year high of $55.06. The firm’s 50 day moving average price is $53.38 and its 200-day moving average price is $53.21.

About JPMorgan Active Bond ETF

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.