JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD – Get Free Report) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 11,392 shares, a drop of 96.8% from the October 15th total of 356,461 shares. Based on an average daily volume of 523,736 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Composition Wealth LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the 3rd quarter worth approximately $52,806,000. Allspring Global Investments Holdings LLC boosted its holdings in JPMorgan Limited Duration Bond ETF by 217,192.3% in the 1st 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. Choice Wealth Advisors LLC bought a new position in JPMorgan Limited Duration Bond ETF in the 3rd quarter valued at $16,879,000. TD Capital Management LLC purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at $15,489,000. Finally, Scott Capital Advisors LLC grew its position in shares of JPMorgan Limited Duration Bond ETF by 720.9% during the 2nd quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock valued at $16,795,000 after purchasing an additional 282,602 shares in the last quarter.
JPMorgan Limited Duration Bond ETF Stock Down 0.1%
JPLD stock traded down $0.06 during mid-day trading on Wednesday, reaching $51.44. 174,715 shares of the company traded hands, compared to its average volume of 496,038. JPMorgan Limited Duration Bond ETF has a 52-week low of $50.92 and a 52-week high of $52.75. The company has a fifty day moving average price of $51.51 and a 200-day moving average price of $52.02.
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.
Featured Articles
- Five stocks we like better than JPMorgan Limited Duration Bond ETF
- Can Constellation Energy’s Contracts Power a Stock Rebound?
- Why Apple Stock Looks Like a Safe Haven After the Midterms
- IonQ Raised the Bar, But 3 Quantum Rivals Face Tough Questions
- On Holding’s Sell-Off Overlooks a Key Part of Its Earnings Story
Receive News & Ratings for JPMorgan Limited Duration Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Limited Duration Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
