MONECO Advisors LLC Trims Position in JPMorgan Limited Duration Bond ETF (BATS:JPLD)

MONECO Advisors LLC lessened its holdings in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 4.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 106,246 shares of the company’s stock after selling 5,294 shares during the quarter. JPMorgan Limited Duration Bond ETF makes up 1.0% of MONECO Advisors LLC’s portfolio, making the stock its 19th largest position. MONECO Advisors LLC’s holdings in JPMorgan Limited Duration Bond ETF were worth $5,376,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new position in JPMorgan Limited Duration Bond ETF during the third quarter worth $26,000. Mariner LLC bought a new position in JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at about $814,000. Prism Advisors Inc. purchased a new stake in JPMorgan Limited Duration Bond ETF in the 4th quarter worth about $1,372,000. D.A. Davidson & CO. lifted its stake in JPMorgan Limited Duration Bond ETF by 91.3% in the fourth quarter. D.A. Davidson & CO. now owns 31,362 shares of the company’s stock worth $1,587,000 after purchasing an additional 14,968 shares during the last quarter. Finally, Epoch Investment Partners Inc. bought a new position in shares of JPMorgan Limited Duration Bond ETF during the third quarter valued at approximately $2,340,000.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPLD stock traded up $0.03 on Monday, reaching $51.22. 7,086 shares of the company’s stock were exchanged. The business has a 50 day moving average of $50.81 and a two-hundred day moving average of $50.72.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were paid a $0.1888 dividend. The ex-dividend date was Monday, June 3rd.

JPMorgan Limited Duration Bond ETF Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less.