JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Sets New 52-Week Low – What’s Next?

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $51.50 and last traded at $51.4850, with a volume of 60792 shares traded. The stock had previously closed at $51.61.

JPMorgan Limited Duration Bond ETF Trading Down 0.3%

The firm’s 50-day moving average price is $51.90 and its two-hundred day moving average price is $52.06.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Security National Bank of SO Dak bought a new stake in JPMorgan Limited Duration Bond ETF in the second quarter valued at $47,000. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the 2nd quarter valued at $255,000. Insight Wealth Partners LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the 2nd quarter valued at $2,780,000. Integrated Wealth Concepts LLC bought a new stake in shares of JPMorgan Limited Duration Bond ETF in the 2nd quarter worth about $98,000. Finally, Anchor Capital Advisors LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 2.8% in the 2nd quarter. Anchor Capital Advisors LLC now owns 141,013 shares of the company’s stock worth $7,359,000 after purchasing an additional 3,894 shares during the last quarter.

About JPMorgan Limited Duration Bond ETF

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.