Janney Montgomery Scott LLC Raises Stock Position in JPMorgan Limited Duration Bond ETF $JPLD

Janney Montgomery Scott LLC grew its stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 97.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,126 shares of the company’s stock after purchasing an additional 34,534 shares during the quarter. Janney Montgomery Scott LLC owned about 0.25% of JPMorgan Limited Duration Bond ETF worth $3,660,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of JPLD. Morgan Stanley raised its stake in JPMorgan Limited Duration Bond ETF by 24.9% in the fourth quarter. Morgan Stanley now owns 1,354,725 shares of the company’s stock worth $70,904,000 after buying an additional 270,413 shares in the last quarter. UBS Group AG boosted its position in JPMorgan Limited Duration Bond ETF by 1.1% during the 3rd quarter. UBS Group AG now owns 1,047,402 shares of the company’s stock valued at $54,962,000 after acquiring an additional 11,441 shares in the last quarter. M&T Bank Corp boosted its position in JPMorgan Limited Duration Bond ETF by 3.0% during the 4th quarter. M&T Bank Corp now owns 1,046,425 shares of the company’s stock valued at $54,768,000 after acquiring an additional 30,165 shares in the last quarter. Composition Wealth LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 20.2% during the 4th quarter. Composition Wealth LLC now owns 891,312 shares of the company’s stock worth $46,650,000 after acquiring an additional 149,947 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 13.0% during the 4th quarter. LPL Financial LLC now owns 821,298 shares of the company’s stock worth $42,986,000 after acquiring an additional 94,173 shares during the period.

JPMorgan Limited Duration Bond ETF Stock Up 0.0%

Shares of BATS:JPLD traded up $0.01 during trading on Tuesday, hitting $52.03. The stock had a trading volume of 16,266 shares, compared to its average volume of 536,913. JPMorgan Limited Duration Bond ETF has a 12 month low of $51.92 and a 12 month high of $52.75. The firm’s fifty day moving average is $52.09 and its 200 day moving average is $52.29.

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.