JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 52-Week High – Time to Buy?

JPMorgan Limited Duration Bond ETF (BATS:JPLD)’s share price hit a new 52-week high during mid-day trading on Monday . The company 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 Price Performance

The stock’s fifty day moving average price is $52.43 and its two-hundred day moving average price is $52.30.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Harbour Investments Inc. lifted its stake in JPMorgan Limited Duration Bond ETF by 10.8% during the second quarter. Harbour Investments Inc. now owns 2,026 shares of the company’s stock worth $106,000 after purchasing an additional 197 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 32,441 shares of the company’s stock valued at $1,702,000 after buying an additional 295 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 45.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock valued at $92,000 after buying an additional 548 shares in the last quarter. Private Trust Co. NA grew its position in shares of JPMorgan Limited Duration Bond ETF by 11.1% in the 2nd quarter. Private Trust Co. NA now owns 6,401 shares of the company’s stock valued at $334,000 after buying an additional 637 shares during the last quarter. Finally, KWB Wealth raised its stake in JPMorgan Limited Duration Bond ETF by 13.9% during the 3rd quarter. KWB Wealth now owns 6,316 shares of the company’s stock worth $330,000 after acquiring an additional 772 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.