Janney Montgomery Scott LLC Acquires 34,534 Shares of JPMorgan Limited Duration Bond ETF $JPLD

Janney Montgomery Scott LLC boosted its holdings in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 97.0% in the first quarter, HoldingsChannel reports. The fund owned 70,126 shares of the company’s stock after acquiring an additional 34,534 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Limited Duration Bond ETF were worth $3,660,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Morgan Stanley grew its holdings 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 purchasing an additional 270,413 shares during the period. Boulder Wealth Advisors LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF during the third quarter valued at approximately $8,196,000. Composition Wealth LLC lifted its holdings in shares of JPMorgan Limited Duration Bond ETF by 20.2% during the fourth quarter. Composition Wealth LLC now owns 891,312 shares of the company’s stock valued at $46,650,000 after purchasing an additional 149,947 shares during the last quarter. OakTrust Wealth Advisors LLC purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the fourth quarter valued at approximately $6,392,000. Finally, Farther Finance Advisors LLC purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the fourth quarter valued at approximately $5,472,000.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPLD traded up $0.01 during mid-day trading on Tuesday, reaching $52.03. The company had a trading volume of 16,266 shares, compared to its average volume of 536,913. The firm has a 50-day moving average price of $52.09 and a 200 day moving average price of $52.29. JPMorgan Limited Duration Bond ETF has a 52 week low of $51.92 and a 52 week 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.