Northwestern Mutual Wealth Management Co. Increases Stock Holdings in JPMorgan Limited Duration Bond ETF $JPLD

Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 220.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,504 shares of the company’s stock after purchasing an additional 25,096 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.13% of JPMorgan Limited Duration Bond ETF worth $1,911,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 140.0% in the first quarter. Jane Street Group LLC now owns 39,103 shares of the company’s stock valued at $2,033,000 after buying an additional 22,808 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 209,844 shares of the company’s stock valued at $10,960,000 after buying an additional 32,481 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 5.0% in the second quarter. Bank of America Corp DE now owns 405,944 shares of the company’s stock valued at $21,202,000 after buying an additional 19,405 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 45.3% in the second 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. Finally, PFG Investments LLC boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 29.3% in the third quarter. PFG Investments LLC now owns 5,303 shares of the company’s stock valued at $278,000 after buying an additional 1,202 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Stock Performance

JPMorgan Limited Duration Bond ETF stock opened at $52.18 on Thursday. JPMorgan Limited Duration Bond ETF has a 1-year low of $51.72 and a 1-year high of $52.75. The stock’s 50 day moving average price is $52.18 and its 200 day moving average price is $52.36.

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.