JPMorgan Limited Duration Bond ETF (BATS:JPLD) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $51.53 and traded as high as $51.75. JPMorgan Limited Duration Bond ETF shares last traded at $51.71, with a volume of 183,931 shares changing hands.

JPMorgan Limited Duration Bond ETF Price Performance

The firm’s 50-day moving average price is $51.77 and its 200 day moving average price is $51.53.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1936 per share. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On JPMorgan Limited Duration Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV acquired a new stake in shares of JPMorgan Limited Duration Bond ETF during the third quarter valued at $46,000. Private Advisor Group LLC purchased a new position in JPMorgan Limited Duration Bond ETF in the 3rd quarter valued at about $212,000. FRG Family Wealth Advisors LLC purchased a new position in JPMorgan Limited Duration Bond ETF in the 3rd quarter valued at about $302,000. MML Investors Services LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter worth about $421,000. Finally, PFG Investments LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 107.4% during the third quarter. PFG Investments LLC now owns 8,505 shares of the company’s stock worth $444,000 after buying an additional 4,404 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.