JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 431,584 shares, an increase of 414.6% from the August 31st total of 83,860 shares. Based on an average trading volume of 489,873 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are short sold.
Institutional Trading of JPMorgan Limited Duration Bond ETF
A number of institutional investors have recently added to or reduced their stakes in JPLD. Allspring Global Investments Holdings LLC grew its position in JPMorgan Limited Duration Bond ETF by 217,192.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock worth $45,641,000 after buying an additional 875,285 shares during the period. Schiavi & Co LLC increased its holdings in JPMorgan Limited Duration Bond ETF by 9.4% in the fourth quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock valued at $42,181,000 after buying an additional 69,539 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Limited Duration Bond ETF by 3.5% in the first quarter. Bank of America Corp DE now owns 402,817 shares of the company’s stock valued at $21,023,000 after buying an additional 13,694 shares in the last quarter. MBM Wealth Consultants LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF by 11.5% during the 1st quarter. MBM Wealth Consultants LLC now owns 339,073 shares of the company’s stock valued at $17,696,000 after acquiring an additional 34,923 shares during the period. Finally, Scott Capital Advisors LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF by 720.9% during the 2nd quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock valued at $16,795,000 after acquiring an additional 282,602 shares during the period.
JPMorgan Limited Duration Bond ETF Stock Performance
Shares of NYSEARCA JPLD opened at $51.45 on Friday. JPMorgan Limited Duration Bond ETF has a one year low of $51.40 and a one year high of $52.75. The company’s fifty day moving average is $51.88 and its two-hundred day moving average is $52.04.
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.
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