Why One Fund Established a $30 Million Bet on This Bond ETF

On November 14, Missouri-based Larson Financial Group disclosed a third-quarter purchase of 167,756 shares of JBND, contributing to an estimated $9.30 million position increase.Larson Financial Group disclosed a purchase of 167,756 shares of JPMorgan Active Bond ETF (NYSE:JBND) in its quarterly report to the U.S. Securities and Exchange Commission, filed on November 14. The transaction brought the fund's total JBND position to 547,165 shares valued at $29.63 million as of September 30.The purchase raised JBND to 1.0% of fund AUM, which places it outside the fund's top five holdings.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool