Commonwealth Equity Services LLC Increases Stock Position in JPMorgan Limited Duration Bond ETF $JPLD

Commonwealth Equity Services LLC lifted its holdings in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 28.9% during the 4th quarter, Holdings Channel reports. The firm owned 67,448 shares of the company’s stock after buying an additional 15,136 shares during the period. Commonwealth Equity Services LLC’s holdings in JPMorgan Limited Duration Bond ETF were worth $3,530,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Limited Duration Bond ETF by 99.1% during the third quarter. JPMorgan Chase & Co. now owns 38,467,573 shares of the company’s stock worth $2,018,586,000 after purchasing an additional 19,142,064 shares in the last quarter. UBS Group AG lifted its position in shares of JPMorgan Limited Duration Bond ETF by 1.1% during the third quarter. UBS Group AG now owns 1,047,402 shares of the company’s stock worth $54,962,000 after purchasing an additional 11,441 shares in the last quarter. M&T Bank Corp lifted its position in shares of JPMorgan Limited Duration Bond ETF by 3.0% during the fourth quarter. M&T Bank Corp now owns 1,046,425 shares of the company’s stock worth $54,768,000 after purchasing an additional 30,165 shares in the last quarter. Composition Wealth LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF by 20.2% during 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 in the last quarter. Finally, LPL Financial LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF by 13.0% during the fourth quarter. LPL Financial LLC now owns 821,298 shares of the company’s stock worth $42,986,000 after purchasing an additional 94,173 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of JPLD opened at $51.97 on Tuesday. JPMorgan Limited Duration Bond ETF has a 1 year low of $51.73 and a 1 year high of $52.75. The company’s 50-day simple moving average is $52.15 and its 200-day simple moving average is $52.34.

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.