TCP Asset Management LLC Grows Position in JPMorgan Limited Duration Bond ETF $JPLD

TCP Asset Management LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 33.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,224 shares of the company’s stock after purchasing an additional 13,108 shares during the quarter. JPMorgan Limited Duration Bond ETF comprises 0.5% of TCP Asset Management LLC’s investment portfolio, making the stock its 28th biggest holding. TCP Asset Management LLC owned approximately 0.18% of JPMorgan Limited Duration Bond ETF worth $2,733,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its position in JPMorgan Limited Duration Bond ETF by 140.0% during the first quarter. Jane Street Group LLC now owns 39,103 shares of the company’s stock valued at $2,033,000 after buying an additional 22,808 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 30.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 26,286 shares of the company’s stock valued at $1,373,000 after buying an additional 6,095 shares in the last quarter. Cetera Investment Advisers grew its position in shares of JPMorgan Limited Duration Bond ETF by 31.2% in the 2nd quarter. Cetera Investment Advisers now owns 44,386 shares of the company’s stock worth $2,318,000 after buying an additional 10,564 shares during the period. JPMorgan Chase & Co. grew its position in shares of JPMorgan Limited Duration Bond ETF by 119.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 19,325,509 shares of the company’s stock worth $1,009,371,000 after buying an additional 10,508,535 shares during the period. Finally, Intellus Advisors LLC increased its stake in shares of JPMorgan Limited Duration Bond ETF by 1.6% in the 2nd quarter. Intellus Advisors LLC now owns 201,974 shares of the company’s stock worth $10,549,000 after acquiring an additional 3,192 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of BATS JPLD opened at $52.18 on Friday. JPMorgan Limited Duration Bond ETF has a 1 year low of $51.35 and a 1 year high of $52.75. The firm has a 50-day moving average of $52.49 and a 200 day moving average of $52.44.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1719 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

JPMorgan Limited Duration Bond ETF Profile

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.