Raymond James Financial Inc. Acquires Shares of 71,269 JPMorgan Limited Duration Bond ETF (BATS:JPLD)

Raymond James Financial Inc. acquired a new position in JPMorgan Limited Duration Bond ETF (BATS:JPLD) during the fourth quarter, Holdings Channel.com reports. The firm acquired 71,269 shares of the company’s stock, valued at approximately $3,672,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPLD. M&T Bank Corp purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the 4th quarter valued at about $44,077,000. Miracle Mile Advisors LLC raised its position in JPMorgan Limited Duration Bond ETF by 6.0% during the fourth quarter. Miracle Mile Advisors LLC now owns 580,867 shares of the company’s stock valued at $29,926,000 after acquiring an additional 32,794 shares in the last quarter. FMA Wealth Management LLC raised its position in JPMorgan Limited Duration Bond ETF by 0.9% during the fourth quarter. FMA Wealth Management LLC now owns 229,938 shares of the company’s stock valued at $11,846,000 after acquiring an additional 2,040 shares in the last quarter. Stonebridge Financial Group LLC acquired a new position in JPMorgan Limited Duration Bond ETF in the fourth quarter valued at approximately $11,381,000. Finally, MBM Wealth Consultants LLC boosted its position in JPMorgan Limited Duration Bond ETF by 22.9% in the 4th quarter. MBM Wealth Consultants LLC now owns 217,095 shares of the company’s stock worth $11,185,000 after purchasing an additional 40,486 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Stock Performance

BATS:JPLD opened at $51.91 on Friday. JPMorgan Limited Duration Bond ETF has a 52 week low of $50.50 and a 52 week high of $52.23. The stock’s 50-day moving average price is $51.79 and its 200-day moving average price is $51.74.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.1808 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.