JPMorgan Limited Duration Bond ETF $JPLD Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 220.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 36,504 shares of the company’s stock after buying an additional 25,096 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan Limited Duration Bond ETF were worth $1,911,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. WJ Wealth Management LLC increased its stake in JPMorgan Limited Duration Bond ETF by 43.0% in the fourth quarter. WJ Wealth Management LLC now owns 17,737 shares of the company’s stock valued at $928,000 after purchasing an additional 5,337 shares during the last quarter. Grey Ledge Advisors LLC increased its stake in JPMorgan Limited Duration Bond ETF by 5.7% in the fourth quarter. Grey Ledge Advisors LLC now owns 115,551 shares of the company’s stock valued at $6,048,000 after purchasing an additional 6,261 shares during the last quarter. Moneco Advisors LLC increased its stake in JPMorgan Limited Duration Bond ETF by 26.0% in the fourth quarter. Moneco Advisors LLC now owns 92,592 shares of the company’s stock valued at $4,846,000 after purchasing an additional 19,118 shares during the last quarter. Drive Wealth Management LLC increased its stake in JPMorgan Limited Duration Bond ETF by 44.1% in the fourth quarter. Drive Wealth Management LLC now owns 163,632 shares of the company’s stock valued at $8,596,000 after purchasing an additional 50,085 shares during the last quarter. Finally, Composition Wealth LLC increased its stake in JPMorgan Limited Duration Bond ETF by 20.2% in the fourth quarter. Composition Wealth LLC now owns 891,312 shares of the company’s stock valued at $46,650,000 after purchasing an additional 149,947 shares during the last quarter.

JPMorgan Limited Duration Bond ETF Trading Up 0.2%

JPMorgan Limited Duration Bond ETF stock opened at $52.18 on Thursday. The stock has a fifty day moving average price of $52.18 and a 200 day moving average price of $52.36. JPMorgan Limited Duration Bond ETF has a 52 week low of $51.72 and a 52 week high of $52.75.

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.