JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Sets New 1-Year Low – Here’s Why

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLDGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $51.54 and last traded at $51.5540, with a volume of 670751 shares trading hands. The stock had previously closed at $51.58.

JPMorgan Limited Duration Bond ETF Stock Performance

The business has a fifty day moving average of $51.94 and a 200-day moving average of $52.09.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Schiavi & Co LLC boosted its position in shares of JPMorgan Limited Duration Bond ETF by 9.4% in the fourth quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock valued at $42,181,000 after acquiring an additional 69,539 shares during the period. HighTower Advisors LLC increased its holdings in JPMorgan Limited Duration Bond ETF by 18.7% during the 4th quarter. HighTower Advisors LLC now owns 288,137 shares of the company’s stock worth $15,081,000 after acquiring an additional 45,377 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in JPMorgan Limited Duration Bond ETF by 325.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 48,531 shares of the company’s stock worth $2,540,000 after purchasing an additional 37,123 shares in the last quarter. Juno Financial Group LLC purchased a new stake in JPMorgan Limited Duration Bond ETF in the 1st quarter worth approximately $8,687,000. Finally, TD Capital Management LLC boosted its holdings in JPMorgan Limited Duration Bond ETF by 18.8% in the 4th quarter. TD Capital Management LLC now owns 250,959 shares of the company’s stock valued at $13,135,000 after purchasing an additional 39,649 shares during the period.

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.

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