Bridgewater Boosts Stake in JPMorgan Chase & Co.

Bridgewater Advisors Inc., a well-established financial institution, has significantly increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 12.3% in the second quarter, according to its latest Form 13F filing with the Securities and Exchange Commission (SEC).

The institutional investor now owns 48,665 shares of JPMorgan Chase & Co.'s stock after acquiring an additional 5,324 shares during the quarter.

JPMorgan Chase & Co. accounts for approximately 0.9% of Bridgewater Advisors Inc.'s portfolio, making it the company's 17th largest position.

Bridgewater Advisors Inc.'s holdings in JPMorgan Chase & Co. were worth $17,161,000 as of its most recent filing with the SEC.