JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 52-Week High – Should You Buy?

JPMorgan Limited Duration Bond ETF (BATS:JPLD)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $52.36 and last traded at $52.4050, with a volume of 248726 shares. The stock had previously closed at $52.30.

JPMorgan Limited Duration Bond ETF Price Performance

The stock has a 50-day moving average of $52.43 and a 200 day moving average of $52.26.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 99.1% in the third quarter. JPMorgan Chase & Co. now owns 38,467,573 shares of the company’s stock worth $2,018,586,000 after buying an additional 19,142,064 shares during the last quarter. Boulder Wealth Advisors LLC acquired a new stake in JPMorgan Limited Duration Bond ETF during the third quarter worth about $8,196,000. Bulwark Capital Corp purchased a new position in JPMorgan Limited Duration Bond ETF during the second quarter valued at approximately $6,281,000. Drive Wealth Management LLC acquired a new position in JPMorgan Limited Duration Bond ETF in the third quarter valued at approximately $5,958,000. Finally, Raymond James Financial Inc. boosted its position in JPMorgan Limited Duration Bond ETF by 148.9% in the 1st quarter. Raymond James Financial Inc. now owns 177,363 shares of the company’s stock worth $9,223,000 after purchasing an additional 106,094 shares in the last quarter.

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.