JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Short Interest Down 39.0% in August

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 83,860 shares, a decrease of 39.0% from the August 15th total of 137,540 shares. Based on an average daily volume of 375,803 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

JPMorgan Limited Duration Bond ETF Stock Up 0.1%

Shares of JPLD traded up $0.07 during mid-day trading on Wednesday, reaching $51.66. 578,931 shares of the stock traded hands, compared to its average volume of 499,997. JPMorgan Limited Duration Bond ETF has a 1 year low of $51.55 and a 1 year high of $52.75. The firm has a fifty day moving average price of $51.94 and a 200 day moving average price of $52.09.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its position in JPMorgan Limited Duration Bond ETF by 217,192.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock valued at $45,641,000 after purchasing an additional 875,285 shares during the last quarter. Schiavi & Co LLC increased its holdings in shares of JPMorgan Limited Duration Bond ETF by 9.4% in the 4th quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock worth $42,181,000 after buying an additional 69,539 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Limited Duration Bond ETF by 3.5% in the 1st quarter. Bank of America Corp DE now owns 402,817 shares of the company’s stock worth $21,023,000 after buying an additional 13,694 shares during the last quarter. MBM Wealth Consultants LLC raised its position in shares of JPMorgan Limited Duration Bond ETF by 11.5% during the 1st quarter. MBM Wealth Consultants LLC now owns 339,073 shares of the company’s stock valued at $17,696,000 after buying an additional 34,923 shares in the last quarter. Finally, Scott Capital Advisors LLC lifted its holdings in shares of JPMorgan Limited Duration Bond ETF by 720.9% during the 2nd quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock worth $16,795,000 after acquiring an additional 282,602 shares during 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. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.