Stonebridge Financial Group LLC Sells 57,889 Shares of JPMorgan Limited Duration Bond ETF $JPLD

Stonebridge Financial Group LLC lessened its holdings in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 22.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 199,767 shares of the company’s stock after selling 57,889 shares during the quarter. JPMorgan Limited Duration Bond ETF accounts for 1.0% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 29th biggest position. Stonebridge Financial Group LLC owned 0.70% of JPMorgan Limited Duration Bond ETF worth $10,434,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Schiavi & Co LLC purchased a new position in shares of JPMorgan Limited Duration Bond ETF in the first quarter valued at about $36,608,000. JPMorgan Chase & Co. increased its position in shares of JPMorgan Limited Duration Bond ETF by 4.6% during the first quarter. JPMorgan Chase & Co. now owns 8,816,974 shares of the company’s stock valued at $458,483,000 after buying an additional 390,474 shares during the period. M&T Bank Corp boosted its stake in JPMorgan Limited Duration Bond ETF by 17.2% during the first quarter. M&T Bank Corp now owns 1,002,881 shares of the company’s stock worth $52,150,000 after acquiring an additional 147,343 shares in the last quarter. Bulwark Capital Corp bought a new stake in JPMorgan Limited Duration Bond ETF during the second quarter worth about $6,281,000. Finally, HighTower Advisors LLC boosted its stake in JPMorgan Limited Duration Bond ETF by 88.6% during the first quarter. HighTower Advisors LLC now owns 247,299 shares of the company’s stock worth $12,860,000 after acquiring an additional 116,200 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Trading Up 0.4%

Shares of BATS JPLD opened at $52.35 on Friday. The firm’s 50 day moving average price is $52.35 and its 200-day moving average price is $52.03. JPMorgan Limited Duration Bond ETF has a 52-week low of $51.32 and a 52-week high of $52.23.

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.