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

Shares of JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) reached a new 52-week low during trading on Wednesday . The company 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 Price Performance

The firm has a 50-day moving average of $51.96 and a two-hundred day moving average of $52.11.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Institutional investors have recently modified their holdings of the company. Insight Wealth Partners LLC purchased a new position in JPMorgan Limited Duration Bond ETF in the second quarter valued at approximately $2,780,000. Integrated Wealth Concepts LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the second quarter worth $98,000. Anchor Capital Advisors LLC raised its stake in shares of JPMorgan Limited Duration Bond ETF by 2.8% in the 2nd quarter. Anchor Capital Advisors LLC now owns 141,013 shares of the company’s stock valued at $7,359,000 after acquiring an additional 3,894 shares during the period. Planning Project LLC acquired a new position in shares of JPMorgan Limited Duration Bond ETF during the 2nd quarter valued at $696,000. Finally, Kintra Wealth LLC purchased a new stake in JPMorgan Limited Duration Bond ETF during the 2nd quarter worth $5,139,000.

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.