JPMorgan Limited Duration Bond ETF (BATS:JPLD) Sets New 12-Month High – Should You Buy?

JPMorgan Limited Duration Bond ETF (BATS:JPLD)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $60.00 and last traded at $60.00, with a volume of 120 shares trading hands. The stock had previously closed at $52.37.

JPMorgan Limited Duration Bond ETF Stock Up 0.0%

The firm has a fifty day simple moving average of $52.33 and a 200-day simple moving average of $52.40.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in JPLD. Wagner Wealth Management LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the 1st quarter worth about $45,000. Cedar Mountain Advisors LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the 4th quarter worth approximately $50,000. Bogart Wealth LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF in the first quarter worth approximately $52,000. Cloud Capital Management LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF in the third quarter worth approximately $71,000. Finally, Sound Income Strategies LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF in the first quarter valued at approximately $74,000.

About JPMorgan Limited Duration Bond ETF

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.