JPMorgan Limited Duration Bond ETF (BATS:JPLD) Reaches New 12-Month Low – What’s Next?

Shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $51.88 and last traded at $51.88, with a volume of 5738 shares traded. The stock had previously closed at $51.98.

JPMorgan Limited Duration Bond ETF Price Performance

The business has a 50-day moving average of $52.04 and a 200 day moving average of $52.25.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in shares of JPMorgan Limited Duration Bond ETF by 140.0% during the 1st quarter. Jane Street Group LLC now owns 39,103 shares of the company’s stock valued at $2,033,000 after acquiring an additional 22,808 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 209,844 shares of the company’s stock valued at $10,960,000 after purchasing an additional 32,481 shares in the last quarter. Bank of America Corp DE increased its position in JPMorgan Limited Duration Bond ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 405,944 shares of the company’s stock worth $21,202,000 after purchasing an additional 19,405 shares during the last quarter. Geneos Wealth Management Inc. increased its position in JPMorgan Limited Duration Bond ETF by 45.3% in the second quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock worth $92,000 after purchasing an additional 548 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in JPMorgan Limited Duration Bond ETF by 25.9% in the third quarter. Private Advisor Group LLC now owns 84,553 shares of the company’s stock worth $4,437,000 after purchasing an additional 17,374 shares during the last quarter.

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.