‘Any Sell-Off Is a Buying Opportunity’: Why This Advisor Just Bet $5.7 Million on a JPMorgan Bond ETF

On Friday, Colorado-based Tandem Financial disclosed a new position in JBND, acquiring 104,880 shares in the third quarter for an estimated $5.7 million.According to a filing with the Securities and Exchange Commission released Friday, Tandem Financial initiated a new stake in the JPMorgan Active Bond ETF (NYSE:JBND) by acquiring 104,880 shares in the third quarter. The estimated transaction value was $5.7 million, marking the firm’s first reported holding in the ETF.The new JBND stake accounts for 2.1% of Tandem Financial’s reportable U.S. equity assets under management as of September 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool