JPMorgan Limited Duration Bond ETF (BATS:JPLD) Reaches New 1-Year Low – Should You Sell?

JPMorgan Limited Duration Bond ETF (BATS:JPLDGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $51.88 and last traded at $51.90, with a volume of 302089 shares traded. The stock had previously closed at $51.94.

JPMorgan Limited Duration Bond ETF Trading Up 0.1%

The firm’s fifty day moving average price is $52.05 and its 200-day moving average price is $52.26.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its stake in shares of JPMorgan Limited Duration Bond ETF by 217,192.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock valued at $45,641,000 after purchasing an additional 875,285 shares during the period. Scott Capital Advisors LLC boosted its position in shares of JPMorgan Limited Duration Bond ETF by 720.9% during the second quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock worth $16,795,000 after buying an additional 282,602 shares during the period. Morgan Stanley grew its holdings in 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 worth $70,904,000 after buying an additional 270,413 shares in the last quarter. Spinnaker Investment Group LLC bought a new position in JPMorgan Limited Duration Bond ETF in the 2nd quarter worth approximately $14,039,000. Finally, Juno Financial Group LLC acquired a new stake in JPMorgan Limited Duration Bond ETF in the 1st quarter valued at approximately $8,687,000.

JPMorgan Limited Duration Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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