JPMorgan Limited Duration Bond ETF $JPLD Stock Holdings Cut by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC reduced its position in shares of JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) by 19.2% during the third quarter, Holdings Channel reports. The firm owned 187,319 shares of the company’s stock after selling 44,442 shares during the period. Stonebridge Financial Group LLC’s holdings in JPMorgan Limited Duration Bond ETF were worth $9,630,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Limited Duration Bond ETF by 18.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 47,835 shares of the company’s stock worth $2,497,000 after buying an additional 7,583 shares in the last quarter. Security National Bank of SO Dak bought a new position in shares of JPMorgan Limited Duration Bond ETF in the second quarter valued at approximately $47,000. Security National Bank of Sioux City Iowa IA purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the second quarter valued at approximately $255,000. Insight Wealth Partners LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the second quarter valued at approximately $2,780,000. Finally, Integrated Wealth Concepts LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the second quarter worth $98,000.

JPMorgan Limited Duration Bond ETF Trading Down 0.3%

Shares of NYSEARCA JPLD traded down $0.16 during mid-day trading on Thursday, reaching $51.25. 428,129 shares of the company’s stock were exchanged, compared to its average volume of 500,163. JPMorgan Limited Duration Bond ETF has a 52 week low of $50.92 and a 52 week high of $52.75. The firm has a 50-day moving average price of $51.83 and a two-hundred day moving average price 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.