Essential Planning LLC. Has $8.46 Million Position in JPMorgan Limited Duration Bond ETF $JPLD

Essential Planning LLC. raised its stake in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 66.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 161,716 shares of the company’s stock after purchasing an additional 64,756 shares during the quarter. JPMorgan Limited Duration Bond ETF accounts for 2.7% of Essential Planning LLC.’s portfolio, making the stock its 8th largest holding. Essential Planning LLC.’s holdings in JPMorgan Limited Duration Bond ETF were worth $8,464,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Jane Street Group LLC lifted its position in shares of JPMorgan Limited Duration Bond ETF by 140.0% during the 1st quarter. Jane Street Group LLC now owns 39,103 shares of the company’s stock worth $2,033,000 after buying an additional 22,808 shares during the period. J.W. Cole Advisors Inc. acquired a new position in JPMorgan Limited Duration Bond ETF during the second quarter worth $325,000. Raymond James Financial Inc. raised its stake in JPMorgan Limited Duration Bond ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 209,844 shares of the company’s stock worth $10,960,000 after acquiring an additional 32,481 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of JPMorgan Limited Duration Bond ETF by 5.0% during the second quarter. Bank of America Corp DE now owns 405,944 shares of the company’s stock valued at $21,202,000 after acquiring an additional 19,405 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of JPMorgan Limited Duration Bond ETF by 45.3% during the second quarter. Geneos Wealth Management Inc. now owns 1,757 shares of the company’s stock valued at $92,000 after acquiring an additional 548 shares during the period.

JPMorgan Limited Duration Bond ETF Stock Down 0.1%

JPLD opened at $52.19 on Wednesday. The firm’s 50-day simple moving average is $52.46 and its 200-day simple moving average is $52.44. JPMorgan Limited Duration Bond ETF has a twelve month low of $51.35 and a twelve month high of $52.75.

JPMorgan Limited Duration Bond ETF Cuts Dividend

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

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.