JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Short Interest Down 39.0% in August

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 83,860 shares, a drop of 39.0% from the August 15th total of 137,540 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 375,803 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Insight Wealth Partners LLC acquired a new position in JPMorgan Limited Duration Bond ETF in the 2nd quarter worth approximately $2,780,000. Integrated Wealth Concepts LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF in the 2nd quarter valued at $98,000. Anchor Capital Advisors LLC boosted its holdings 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 last quarter. Planning Project LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the second quarter worth $696,000. Finally, Kintra Wealth LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the second quarter worth $5,139,000.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of JPLD traded up $0.04 during trading hours on Thursday, reaching $51.59. 276,596 shares of the company traded hands, compared to its average volume of 499,449. The business has a fifty day moving average price of $51.92 and a 200-day moving average price of $52.08. JPMorgan Limited Duration Bond ETF has a 12-month low of $51.53 and a 12-month 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.