JPMorgan Limited Duration Bond ETF (BATS:JPLD) Reaches New 12-Month High – What’s Next?

JPMorgan Limited Duration Bond ETF (BATS:JPLD)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $52.36 and last traded at $52.4950, with a volume of 248726 shares. The stock had previously closed at $52.30.

JPMorgan Limited Duration Bond ETF Stock Performance

The business’s 50 day moving average price is $52.43 and its 200 day moving average price is $52.30.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

A number of institutional investors have recently modified their holdings of JPLD. XY Planning Network Inc. acquired a new stake in JPMorgan Limited Duration Bond ETF during the 2nd quarter worth approximately $437,000. Janney Montgomery Scott LLC purchased a new position in JPMorgan Limited Duration Bond ETF in the second quarter valued at $368,000. Envestnet Asset Management Inc. grew its stake in JPMorgan Limited Duration Bond ETF by 30.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 26,286 shares of the company’s stock worth $1,373,000 after purchasing an additional 6,095 shares in the last quarter. Kane Investment Management Inc. increased its holdings in JPMorgan Limited Duration Bond ETF by 172.3% during the 2nd quarter. Kane Investment Management Inc. now owns 32,415 shares of the company’s stock worth $1,693,000 after purchasing an additional 20,509 shares during the period. Finally, Truist Financial Corp raised its position in JPMorgan Limited Duration Bond ETF by 17.2% in the 2nd quarter. Truist Financial Corp now owns 11,002 shares of the company’s stock valued at $575,000 after purchasing an additional 1,611 shares in the last quarter.

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.