Trust Co. of Vermont Acquires New Stake in JPMorgan Chase & Co.
A new stake in shares of JPMorgan Chase & Co. (NYSE:JPM) has been acquired by Trust Co. of Vermont, according to a recent disclosure with the Securities & Exchange Commission.
The institutional investor bought approximately $70,575,000 worth of JPMorgan Chase & Co.'s stock, consisting of 215,608 shares, which represents about 2.6% of Trust Co. of Vermont's holdings.
This is not the only recent development in JPMorgan Chase & Co. institutional ownership, as several other investors have also added to or reduced their stakes in the company during the second quarter.