JPMorgan Limited Duration Bond ETF (BATS:JPLD) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

JPMorgan Limited Duration Bond ETF (BATS:JPLD) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $51.53 and traded as high as $51.75. JPMorgan Limited Duration Bond ETF shares last traded at $51.71, with a volume of 183,931 shares trading hands.

JPMorgan Limited Duration Bond ETF Stock Up 0.1 %

The company has a 50 day moving average of $51.76 and a 200 day moving average of $51.53.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.1936 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV acquired a new stake in JPMorgan Limited Duration Bond ETF during the 3rd quarter worth about $46,000. Private Advisor Group LLC acquired a new position in JPMorgan Limited Duration Bond ETF during the third quarter valued at approximately $212,000. FRG Family Wealth Advisors LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the third quarter valued at about $302,000. MML Investors Services LLC bought a new stake in shares of JPMorgan Limited Duration Bond ETF in the third quarter valued at approximately $421,000. Finally, PFG Investments LLC grew its position in JPMorgan Limited Duration Bond ETF by 107.4% during the third quarter. PFG Investments LLC now owns 8,505 shares of the company’s stock worth $444,000 after buying an additional 4,404 shares in 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.