Stonebridge Financial Group LLC Sells 44,442 Shares of JPMorgan Limited Duration Bond ETF $JPLD

Stonebridge Financial Group LLC trimmed its holdings in shares of JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) by 19.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 187,319 shares of the company’s stock after selling 44,442 shares during the period. Stonebridge Financial Group LLC owned approximately 0.24% of JPMorgan Limited Duration Bond ETF worth $9,630,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of JPLD. Beacon Financial Advisory LLC grew its holdings in JPMorgan Limited Duration Bond ETF by 5.6% in the second quarter. Beacon Financial Advisory LLC now owns 5,200 shares of the company’s stock worth $271,000 after purchasing an additional 275 shares during the period. Harbour Investments Inc. increased its stake in JPMorgan Limited Duration Bond ETF by 21.2% in the fourth quarter. Harbour Investments Inc. now owns 3,712 shares of the company’s stock valued at $194,000 after purchasing an additional 649 shares in the last quarter. Maridea Wealth Management LLC raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 9.9% during the first quarter. Maridea Wealth Management LLC now owns 7,354 shares of the company’s stock valued at $384,000 after purchasing an additional 665 shares during the period. Royal Bank of Canada raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 8.8% during the first quarter. Royal Bank of Canada now owns 8,233 shares of the company’s stock valued at $430,000 after purchasing an additional 668 shares during the period. Finally, Wagner Wealth Management LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF during the 1st quarter worth about $45,000.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPLD traded down $0.16 during trading hours on Thursday, hitting $51.25. The stock had a trading volume of 428,129 shares, compared to its average volume of 500,163. JPMorgan Limited Duration Bond ETF has a 1-year low of $50.92 and a 1-year high of $52.75. The firm has a 50 day simple moving average of $51.83 and a 200-day simple moving average of $52.01.

About JPMorgan Limited Duration Bond ETF

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. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.