Capital Group Private Client Services Inc. Purchases 10,959 Shares of JPMorgan Limited Duration Bond ETF $JPLD

Capital Group Private Client Services Inc. boosted its position in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 192.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 16,642 shares of the company’s stock after purchasing an additional 10,959 shares during the period. Capital Group Private Client Services Inc.’s holdings in JPMorgan Limited Duration Bond ETF were worth $873,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of JPLD. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Limited Duration Bond ETF by 99.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,467,573 shares of the company’s stock valued at $2,018,586,000 after acquiring an additional 19,142,064 shares in the last quarter. Drive Wealth Management LLC acquired a new stake in JPMorgan Limited Duration Bond ETF in the third quarter worth $5,958,000. Jones Financial Companies Lllp grew its holdings in JPMorgan Limited Duration Bond ETF by 170.2% in the third quarter. Jones Financial Companies Lllp now owns 110,691 shares of the company’s stock worth $5,805,000 after purchasing an additional 69,724 shares during the period. Essential Planning LLC. increased its stake in JPMorgan Limited Duration Bond ETF by 82.6% in the third quarter. Essential Planning LLC. now owns 96,960 shares of the company’s stock valued at $5,088,000 after purchasing an additional 43,870 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 6.1% during the third quarter. Miracle Mile Advisors LLC now owns 741,365 shares of the company’s stock valued at $38,903,000 after purchasing an additional 42,626 shares during the period.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPLD opened at $52.44 on Wednesday. The stock has a 50-day moving average of $52.49 and a 200-day moving average of $52.45. JPMorgan Limited Duration Bond ETF has a one year low of $51.35 and a one year high of $52.75.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.1719 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%.

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.