JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Sets New 52-Week Low – What’s Next?

Shares of JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $51.50 and last traded at $51.4850, with a volume of 60792 shares. The stock had previously closed at $51.61.

JPMorgan Limited Duration Bond ETF Stock Down 0.3%

The business’s fifty day moving average is $51.90 and its two-hundred day moving average is $52.06.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Wagner Wealth Management LLC bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the first quarter worth $45,000. Security National Bank of SO Dak acquired a new stake in JPMorgan Limited Duration Bond ETF in the second quarter worth about $47,000. Cedar Mountain Advisors LLC acquired a new stake in JPMorgan Limited Duration Bond ETF in the fourth quarter worth about $50,000. Bogart Wealth LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the 1st quarter worth about $52,000. Finally, Sound Income Strategies LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the 1st quarter worth about $74,000.

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.