JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 1-Year High – Time to Buy?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $52.36 and last traded at $52.3650, with a volume of 248726 shares. The stock had previously closed at $52.30.

JPMorgan Limited Duration Bond ETF Price Performance

The stock’s 50-day moving average price is $52.40 and its 200 day moving average price is $52.34.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JPLD. Grey Ledge Advisors LLC increased its position in JPMorgan Limited Duration Bond ETF by 34.4% during the third quarter. Grey Ledge Advisors LLC now owns 109,290 shares of the company’s stock worth $5,735,000 after purchasing an additional 27,961 shares during the last quarter. XY Planning Network Inc. purchased a new stake in shares of JPMorgan Limited Duration Bond ETF in the 2nd quarter valued at approximately $437,000. Stonebridge Financial Group LLC increased its holdings in shares of JPMorgan Limited Duration Bond ETF by 10.2% during the 3rd quarter. Stonebridge Financial Group LLC now owns 220,070 shares of the company’s stock worth $11,548,000 after buying an additional 20,303 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the 2nd quarter valued at approximately $368,000. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Limited Duration Bond ETF by 30.2% in the second quarter. Envestnet Asset Management Inc. now owns 26,286 shares of the company’s stock valued at $1,373,000 after acquiring an additional 6,095 shares during 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.