Northwestern Mutual Wealth Management Co. Purchases 37,123 Shares of JPMorgan Limited Duration Bond ETF $JPLD

Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 325.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,531 shares of the company’s stock after acquiring an additional 37,123 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.17% of JPMorgan Limited Duration Bond ETF worth $2,540,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JPLD. Geneos Wealth Management Inc. increased its holdings in shares of JPMorgan Limited Duration Bond ETF by 45.3% during the second quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock valued at $92,000 after acquiring an additional 548 shares in the last quarter. AE Wealth Management LLC raised its position in shares of JPMorgan Limited Duration Bond ETF by 649.3% in the 3rd quarter. AE Wealth Management LLC now owns 2,705 shares of the company’s stock worth $142,000 after purchasing an additional 2,344 shares during the last quarter. Harbour Investments Inc. raised its position in shares of JPMorgan Limited Duration Bond ETF by 21.2% in the 4th quarter. Harbour Investments Inc. now owns 3,712 shares of the company’s stock worth $194,000 after purchasing an additional 649 shares during the last quarter. Planning Directions Inc. purchased a new position in shares of JPMorgan Limited Duration Bond ETF in the 4th quarter worth about $215,000. Finally, Vawter Financial Ltd. purchased a new position in shares of JPMorgan Limited Duration Bond ETF in the 3rd quarter worth about $251,000.

JPMorgan Limited Duration Bond ETF Stock Down 0.1%

JPLD opened at $51.95 on Friday. The stock has a 50-day moving average price of $52.15 and a 200-day moving average price of $52.34. JPMorgan Limited Duration Bond ETF has a 1 year low of $51.72 and a 1 year high of $52.75.

JPMorgan Limited Duration Bond ETF 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.