JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Sets New 1-Year Low – What’s Next?

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 stock traded as low as $51.73 and last traded at $51.7250, with a volume of 98162 shares. The stock had previously closed at $51.77.

JPMorgan Limited Duration Bond ETF Stock Performance

The firm’s 50-day simple moving average is $51.97 and its 200 day simple moving average is $52.13.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its holdings in JPMorgan Limited Duration Bond ETF by 140.0% in the first quarter. Jane Street Group LLC now owns 39,103 shares of the company’s stock valued at $2,033,000 after buying an additional 22,808 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 18.3% during the 2nd quarter. Raymond James Financial Inc. now owns 209,844 shares of the company’s stock worth $10,960,000 after acquiring an additional 32,481 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 5.0% in the 2nd quarter. Bank of America Corp DE now owns 405,944 shares of the company’s stock worth $21,202,000 after acquiring an additional 19,405 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 45.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock worth $92,000 after acquiring an additional 548 shares during the period. Finally, Private Advisor Group LLC increased its stake in JPMorgan Limited Duration Bond ETF by 25.9% in the 3rd quarter. Private Advisor Group LLC now owns 84,553 shares of the company’s stock valued at $4,437,000 after purchasing an additional 17,374 shares in the last quarter.

About JPMorgan Limited Duration Bond ETF

(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.

See Also

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.