D.A. Davidson & CO. Trims Stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD)

D.A. Davidson & CO. cut its stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 7.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 28,772 shares of the company’s stock after selling 2,252 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Limited Duration Bond ETF were worth $1,500,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV purchased a new position in shares of JPMorgan Limited Duration Bond ETF in the 3rd quarter valued at approximately $46,000. Private Advisor Group LLC purchased a new stake in JPMorgan Limited Duration Bond ETF in the third quarter worth $212,000. PFG Investments LLC lifted its position in JPMorgan Limited Duration Bond ETF by 107.4% during the third quarter. PFG Investments LLC now owns 8,505 shares of the company’s stock valued at $444,000 after buying an additional 4,404 shares during the period. Essential Planning LLC. bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at $564,000. Finally, &PARTNERS bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the 2nd quarter valued at $882,000.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of JPMorgan Limited Duration Bond ETF stock opened at $51.82 on Friday. The stock has a 50-day simple moving average of $51.74 and a 200-day simple moving average of $51.55.

JPMorgan Limited Duration Bond ETF 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.