JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 12-Month High – Should You Buy?

JPMorgan Limited Duration Bond ETF (BATS:JPLD)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $52.66 and last traded at $52.6250, with a volume of 1106660 shares trading hands. The stock had previously closed at $52.57.

JPMorgan Limited Duration Bond ETF Trading Up 0.0%

The business has a 50-day moving average price of $52.45 and a 200-day moving average price of $52.41.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1765 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in JPMorgan Limited Duration Bond ETF by 99.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 38,467,573 shares of the company’s stock valued at $2,018,586,000 after purchasing an additional 19,142,064 shares in the last quarter. Morgan Stanley increased its position in shares of JPMorgan Limited Duration Bond ETF by 24.9% in the 4th quarter. Morgan Stanley now owns 1,354,725 shares of the company’s stock valued at $70,904,000 after acquiring an additional 270,413 shares during the period. UBS Group AG raised its stake in JPMorgan Limited Duration Bond ETF by 1.1% in the 3rd quarter. UBS Group AG now owns 1,047,402 shares of the company’s stock worth $54,962,000 after acquiring an additional 11,441 shares during the last quarter. M&T Bank Corp lifted its position in JPMorgan Limited Duration Bond ETF by 3.0% during the 4th quarter. M&T Bank Corp now owns 1,046,425 shares of the company’s stock worth $54,768,000 after acquiring an additional 30,165 shares during the period. Finally, Composition Wealth LLC raised its stake in shares of JPMorgan Limited Duration Bond ETF by 20.2% in the fourth quarter. Composition Wealth LLC now owns 891,312 shares of the company’s stock worth $46,650,000 after purchasing an additional 149,947 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.