JPMorgan Limited Duration Bond ETF (BATS:JPLD) is FMA Wealth Management LLC’s 4th Largest Position

FMA Wealth Management LLC lifted its holdings in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,938 shares of the company’s stock after purchasing an additional 2,040 shares during the period. JPMorgan Limited Duration Bond ETF comprises approximately 8.8% of FMA Wealth Management LLC’s holdings, making the stock its 4th biggest holding. FMA Wealth Management LLC owned 1.69% of JPMorgan Limited Duration Bond ETF worth $11,846,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Creative Financial Designs Inc. ADV purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter worth approximately $46,000. Geneos Wealth Management Inc. purchased a new stake in JPMorgan Limited Duration Bond ETF in the 4th quarter worth approximately $62,000. Private Advisor Group LLC purchased a new stake in JPMorgan Limited Duration Bond ETF in the 3rd quarter worth approximately $212,000. FRG Family Wealth Advisors LLC purchased a new stake in JPMorgan Limited Duration Bond ETF in the 3rd quarter worth approximately $302,000. Finally, Foster & Motley Inc. purchased a new stake in JPMorgan Limited Duration Bond ETF in the 4th quarter worth approximately $398,000.

JPMorgan Limited Duration Bond ETF Price Performance

JPLD stock opened at $51.74 on Thursday. The stock has a 50 day moving average price of $51.61 and a 200 day moving average price of $51.73.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1863 dividend. The ex-dividend date was Monday, February 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.