JPMorgan Limited Duration Bond ETF (BATS:JPLD) Reaches New 12-Month Low – What’s Next?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $51.88 and last traded at $51.88, with a volume of 5738 shares traded. The stock had previously closed at $51.98.

JPMorgan Limited Duration Bond ETF Price Performance

The stock’s 50 day moving average price is $52.04 and its 200-day moving average price is $52.25.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

A number of institutional investors have recently bought and sold shares of JPLD. HighTower Advisors LLC boosted its position in shares of JPMorgan Limited Duration Bond ETF by 18.7% during the fourth 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 last quarter. Schiavi & Co LLC increased its holdings in JPMorgan Limited Duration Bond ETF by 9.4% in the 4th 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 last quarter. Essential Planning LLC. increased its holdings in JPMorgan Limited Duration Bond ETF by 66.8% in the 4th quarter. Essential Planning LLC. now owns 161,716 shares of the company’s stock valued at $8,464,000 after acquiring an additional 64,756 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in JPMorgan Limited Duration Bond ETF in the 4th quarter worth $5,472,000. Finally, Moneco Advisors LLC lifted its stake in JPMorgan Limited Duration Bond ETF by 26.0% in the 4th quarter. Moneco Advisors LLC now owns 92,592 shares of the company’s stock worth $4,846,000 after purchasing an additional 19,118 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Company Profile

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.