JPMorgan Limited Duration Bond ETF (BATS:JPLD) Hits New 1-Year High – Still a Buy?

JPMorgan Limited Duration Bond ETF (BATS:JPLDGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as $52.36 and last traded at $52.4250, with a volume of 248726 shares changing hands. The stock had previously closed at $52.30.

JPMorgan Limited Duration Bond ETF Trading Up 0.3%

The stock has a fifty day simple moving average of $52.40 and a 200-day simple moving average of $52.36.

Hedge Funds Weigh In On JPMorgan Limited Duration Bond ETF

Several hedge funds have recently added to or reduced their stakes in JPLD. MBM Wealth Consultants LLC boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 11.5% in the 4th quarter. MBM Wealth Consultants LLC now owns 304,150 shares of the company’s stock valued at $15,919,000 after buying an additional 31,428 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in JPMorgan Limited Duration Bond ETF in the fourth quarter valued at $5,472,000. Nautilus Advisors LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 39.6% during the fourth quarter. Nautilus Advisors LLC now owns 67,885 shares of the company’s stock worth $3,553,000 after purchasing an additional 19,254 shares during the last quarter. Planning Directions Inc. purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the fourth quarter worth about $215,000. Finally, Savvy Advisors Inc. acquired a new stake in shares of JPMorgan Limited Duration Bond ETF during the fourth quarter worth about $1,756,000.

JPMorgan Limited Duration Bond ETF Company Profile

(Get Free Report)

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.

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