First Commonwealth Financial Corp PA Buys New Position in JPMorgan Limited Duration Bond ETF $JPLD

First Commonwealth Financial Corp PA bought a new stake in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) in the 3rd quarter, HoldingsChannel reports. The firm bought 16,260 shares of the company’s stock, valued at approximately $853,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPLD. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Limited Duration Bond ETF by 99.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 38,467,573 shares of the company’s stock worth $2,018,586,000 after buying an additional 19,142,064 shares during the last quarter. Boulder Wealth Advisors LLC bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter worth $8,196,000. Drive Wealth Management LLC bought a new stake in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter worth $5,958,000. Bank of America Corp DE grew its position in JPMorgan Limited Duration Bond ETF by 18.6% in the third quarter. Bank of America Corp DE now owns 481,515 shares of the company’s stock worth $25,267,000 after acquiring an additional 75,571 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in JPMorgan Limited Duration Bond ETF by 170.2% in the third quarter. Jones Financial Companies Lllp now owns 110,691 shares of the company’s stock worth $5,805,000 after acquiring an additional 69,724 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Price Performance

JPLD opened at $52.40 on Wednesday. The business’s fifty day simple moving average is $52.49 and its 200 day simple moving average is $52.45. JPMorgan Limited Duration Bond ETF has a 52 week low of $51.35 and a 52 week high of $52.75.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1719 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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.