This Fund Bet $15 Million on Active Bonds While Making a Full Fallen Angel Exit

On January 12, Peak Financial Advisors disclosed a new position in the JPMorgan Active Bond ETF (NYSE:JBND), acquiring 278,276 shares in an estimated $15.05 million trade based on quarterly average pricing.According to a Securities and Exchange Commission (SEC) filing dated January 12, Peak Financial Advisors reported acquiring 278,276 shares of the JPMorgan Active Bond ETF (NYSE:JBND), marking a new position. The estimated value of the shares was $15.05 million.This is a new position accounting for 6.6% of 13F reportable assets under management as of December 31.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool