Stonebridge Financial Group LLC Trims Position in JPMorgan Limited Duration Bond ETF $JPLD

Stonebridge Financial Group LLC decreased its position in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 7.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 231,761 shares of the company’s stock after selling 19,665 shares during the quarter. Stonebridge Financial Group LLC owned approximately 0.81% of JPMorgan Limited Duration Bond ETF worth $12,096,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cedar Mountain Advisors LLC grew its stake in shares of JPMorgan Limited Duration Bond ETF by 1,189.9% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 12,267 shares of the company’s stock valued at $640,000 after purchasing an additional 11,316 shares during the period. Western Wealth Management LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF in the 1st quarter worth approximately $153,000. Bank of America Corp DE boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 3.5% in the first quarter. Bank of America Corp DE now owns 402,817 shares of the company’s stock worth $21,023,000 after buying an additional 13,694 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 8.8% in the first quarter. Royal Bank of Canada now owns 8,233 shares of the company’s stock worth $430,000 after buying an additional 668 shares during the last quarter. Finally, Vawter Financial Ltd. boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 13.3% in the first quarter. Vawter Financial Ltd. now owns 12,897 shares of the company’s stock worth $673,000 after buying an additional 1,512 shares during the last quarter.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of BATS JPLD opened at $51.89 on Tuesday. JPMorgan Limited Duration Bond ETF has a 12-month low of $51.87 and a 12-month high of $52.75. The firm has a 50 day moving average of $52.02 and a 200 day moving average of $52.23.

JPMorgan Limited Duration Bond ETF Company 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. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.