113,547 Shares in JPMorgan Limited Duration Bond ETF $JPLD Purchased by Drive Wealth Management LLC

Drive Wealth Management LLC purchased a new stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 113,547 shares of the company’s stock, valued at approximately $5,958,000. JPMorgan Limited Duration Bond ETF comprises approximately 1.3% of Drive Wealth Management LLC’s portfolio, making the stock its 17th biggest position. Drive Wealth Management LLC owned 0.40% of JPMorgan Limited Duration Bond ETF as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 45.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock worth $92,000 after purchasing an additional 548 shares in the last quarter. Harbour Investments Inc. grew its position in JPMorgan Limited Duration Bond ETF by 10.8% in the second quarter. Harbour Investments Inc. now owns 2,026 shares of the company’s stock worth $106,000 after buying an additional 197 shares during the last quarter. Beacon Financial Advisory LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF in the second quarter valued at $271,000. Diversified Enterprises LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF in the third quarter valued at $272,000. Finally, KWB Wealth lifted its position in shares of JPMorgan Limited Duration Bond ETF by 36.9% during the 2nd quarter. KWB Wealth now owns 5,544 shares of the company’s stock valued at $288,000 after acquiring an additional 1,494 shares during the last quarter.

JPMorgan Limited Duration Bond ETF Price Performance

JPLD opened at $52.42 on Friday. The business has a fifty day simple moving average of $52.40 and a 200-day simple moving average of $52.35. JPMorgan Limited Duration Bond ETF has a fifty-two week low of $51.32 and a fifty-two week high of $52.23.

JPMorgan Limited Duration Bond ETF Company 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.