Spinnaker Investment Group LLC Buys Shares of 269,007 JPMorgan Limited Duration Bond ETF $JPLD

Spinnaker Investment Group LLC purchased a new position in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 269,007 shares of the company’s stock, valued at approximately $14,039,000. JPMorgan Limited Duration Bond ETF makes up 2.2% of Spinnaker Investment Group LLC’s holdings, making the stock its 10th largest holding. Spinnaker Investment Group LLC owned 0.94% of JPMorgan Limited Duration Bond ETF at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF by 18.7% in the fourth quarter. HighTower Advisors LLC now owns 288,137 shares of the company’s stock valued at $15,081,000 after acquiring an additional 45,377 shares in the last quarter. Schiavi & Co LLC increased its position in JPMorgan Limited Duration Bond ETF by 9.4% during the 4th quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock worth $42,181,000 after purchasing an additional 69,539 shares in the last quarter. Juno Financial Group LLC acquired a new position in JPMorgan Limited Duration Bond ETF in the 1st quarter valued at about $8,687,000. Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan Limited Duration Bond ETF by 325.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 48,531 shares of the company’s stock valued at $2,540,000 after purchasing an additional 37,123 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in JPMorgan Limited Duration Bond ETF in the 4th quarter valued at about $5,472,000.

JPMorgan Limited Duration Bond ETF Stock Performance

BATS:JPLD opened at $51.96 on Tuesday. JPMorgan Limited Duration Bond ETF has a 12-month low of $51.87 and a 12-month high of $52.75. The company’s 50-day moving average is $52.01 and its two-hundred day moving average is $52.21.

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.