Savvy Advisors Inc. Takes Position in JPMorgan Limited Duration Bond ETF $JPLD

Savvy Advisors Inc. purchased a new stake in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 33,559 shares of the company’s stock, valued at approximately $1,756,000. Savvy Advisors Inc. owned approximately 0.12% of JPMorgan Limited Duration Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cloud Capital Management LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at $71,000. Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 45.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock valued at $92,000 after purchasing an additional 548 shares in the last quarter. Hazlett Burt & Watson Inc. raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 555.7% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 2,518 shares of the company’s stock valued at $131,000 after purchasing an additional 2,134 shares in the last quarter. AE Wealth Management LLC raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 649.3% during the 3rd quarter. AE Wealth Management LLC now owns 2,705 shares of the company’s stock valued at $142,000 after purchasing an additional 2,344 shares in the last quarter. Finally, Vawter Financial Ltd. bought a new position in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at $251,000.

JPMorgan Limited Duration Bond ETF Stock Performance

JPMorgan Limited Duration Bond ETF stock opened at $52.08 on Tuesday. JPMorgan Limited Duration Bond ETF has a 1-year low of $51.35 and a 1-year high of $52.75. The firm’s fifty day simple moving average is $52.43 and its 200-day simple moving average is $52.42.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1719 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, March 2nd.

JPMorgan Limited Duration Bond ETF 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.