Twin Peaks Wealth Advisors LLC Invests $377,000 in JPMorgan Active Bond ETF (NYSEARCA:JBND)

Twin Peaks Wealth Advisors LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 4th quarter, Holdings Channel reports. The institutional investor bought 7,215 shares of the company’s stock, valued at approximately $377,000.

Several other hedge funds and other institutional investors have also made changes to their positions in JBND. Private Advisor Group LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the 3rd quarter worth about $810,000. Wealth Enhancement Advisory Services LLC purchased a new position in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $1,471,000. Peterson Wealth Advisors LLC grew its stake in JPMorgan Active Bond ETF by 22.7% during the 3rd quarter. Peterson Wealth Advisors LLC now owns 13,223 shares of the company’s stock worth $723,000 after buying an additional 2,446 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in JPMorgan Active Bond ETF by 8.6% during the 3rd quarter. Pallas Capital Advisors LLC now owns 789,734 shares of the company’s stock worth $42,069,000 after buying an additional 62,693 shares during the last quarter. Finally, Financial Advocates Investment Management purchased a new position in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $251,000.

JPMorgan Active Bond ETF Stock Performance

NYSEARCA:JBND opened at $53.01 on Tuesday. The stock’s 50 day moving average price is $52.41 and its 200 day moving average price is $53.24. JPMorgan Active Bond ETF has a 52-week low of $50.93 and a 52-week high of $55.06.

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.