JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Stock Short Interest Falls 84.1%

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 68,515 shares, a decline of 84.1% from the September 15th total of 431,584 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 516,276 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Limited Duration Bond ETF Trading Down 0.1%

JPLD traded down $0.04 during trading on Friday, reaching $51.31. The company had a trading volume of 692,758 shares, compared to its average volume of 501,141. The firm’s 50-day simple moving average is $51.73 and its 200 day simple moving average is $51.97. JPMorgan Limited Duration Bond ETF has a 12-month low of $50.92 and a 12-month high of $52.75.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Galvin Gaustad & Stein LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 28.0% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 21,075 shares of the company’s stock valued at $1,083,000 after acquiring an additional 4,605 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Limited Duration Bond ETF by 18.8% in the second quarter. Envestnet Asset Management Inc. now owns 47,835 shares of the company’s stock worth $2,497,000 after acquiring an additional 7,583 shares during the last quarter. Security National Bank of SO Dak acquired a new position in shares of JPMorgan Limited Duration Bond ETF in the second quarter worth $47,000. Security National Bank of Sioux City Iowa IA acquired a new position in shares of JPMorgan Limited Duration Bond ETF in the second quarter worth $255,000. Finally, Insight Wealth Partners LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the second quarter worth $2,780,000.

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.