Trellis Wealth Advisors LLC Buys 61,562 Shares of JPMorgan Limited Duration Bond ETF $JPLD

Trellis Wealth Advisors LLC increased its stake in shares of JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) by 625.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 71,403 shares of the company’s stock after purchasing an additional 61,562 shares during the quarter. JPMorgan Limited Duration Bond ETF accounts for approximately 1.2% of Trellis Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. Trellis Wealth Advisors LLC’s holdings in JPMorgan Limited Duration Bond ETF were worth $3,671,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Cottage Street Advisors LLC lifted its position in JPMorgan Limited Duration Bond ETF by 131.0% in the third quarter. Cottage Street Advisors LLC now owns 23,165 shares of the company’s stock valued at $1,191,000 after purchasing an additional 13,138 shares during the last quarter. KWB Wealth boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 2.6% during the third quarter. KWB Wealth now owns 17,076 shares of the company’s stock valued at $878,000 after purchasing an additional 433 shares during the period. Choice Wealth Advisors LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the third quarter valued at approximately $16,879,000. Cyndeo Wealth Partners LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the third quarter valued at approximately $631,000. Finally, Scott Capital Advisors LLC boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 8.5% during the third quarter. Scott Capital Advisors LLC now owns 349,091 shares of the company’s stock valued at $17,905,000 after purchasing an additional 27,286 shares during the period.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPMorgan Limited Duration Bond ETF stock remained flat at $51.46 on Monday. 699,155 shares of the stock traded hands, compared to its average volume of 499,852. JPMorgan Limited Duration Bond ETF has a 1 year low of $50.92 and a 1 year high of $52.75. The firm has a 50 day moving average of $51.68 and a 200-day moving average of $51.94.

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.