BlueStem Wealth Partners LLC Invests $8.36 Million in JPMorgan Limited Duration Bond ETF (BATS:JPLD)

BlueStem Wealth Partners LLC acquired a new stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 162,210 shares of the company’s stock, valued at approximately $8,357,000. JPMorgan Limited Duration Bond ETF makes up approximately 1.1% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 16th biggest position. BlueStem Wealth Partners LLC owned 1.19% of JPMorgan Limited Duration Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. MML Investors Services LLC purchased a new position in JPMorgan Limited Duration Bond ETF in the third quarter valued at about $421,000. PFG Investments LLC lifted its holdings in JPMorgan Limited Duration Bond ETF by 4.1% in the fourth quarter. PFG Investments LLC now owns 8,855 shares of the company’s stock valued at $456,000 after acquiring an additional 350 shares during the period. Private Advisor Group LLC lifted its holdings in JPMorgan Limited Duration Bond ETF by 415.7% in the fourth quarter. Private Advisor Group LLC now owns 20,933 shares of the company’s stock valued at $1,078,000 after acquiring an additional 16,874 shares during the period. Creative Financial Designs Inc. ADV acquired a new position in JPMorgan Limited Duration Bond ETF in the third quarter valued at approximately $46,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of JPMorgan Limited Duration Bond ETF during the 4th quarter worth approximately $2,557,000.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of JPLD opened at $52.07 on Friday. The stock’s 50 day moving average price is $51.65 and its 200 day moving average price is $51.74.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be issued a $0.1808 dividend. The ex-dividend date is Monday, March 3rd.

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.