Raymond James Financial Inc. Invests $3.67 Million in JPMorgan Limited Duration Bond ETF (BATS:JPLD)

Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 71,269 shares of the company’s stock, valued at approximately $3,672,000. Raymond James Financial Inc. owned about 0.52% of JPMorgan Limited Duration Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. MML Investors Services LLC purchased a new position in shares of JPMorgan Limited Duration Bond ETF during the third quarter valued at approximately $421,000. D.A. Davidson & CO. raised its position in shares of JPMorgan Limited Duration Bond ETF by 31.6% in the 4th quarter. D.A. Davidson & CO. now owns 37,868 shares of the company’s stock worth $1,951,000 after acquiring an additional 9,096 shares in the last quarter. PFG Investments LLC raised its position in shares of JPMorgan Limited Duration Bond ETF by 4.1% in the 4th quarter. PFG Investments LLC now owns 8,855 shares of the company’s stock worth $456,000 after acquiring an additional 350 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of JPMorgan Limited Duration Bond ETF by 415.7% in the 4th quarter. Private Advisor Group LLC now owns 20,933 shares of the company’s stock valued at $1,078,000 after purchasing an additional 16,874 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of JPMorgan Limited Duration Bond ETF by 205.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,655 shares of the company’s stock worth $137,000 after acquiring an additional 1,785 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of BATS JPLD opened at $51.91 on Friday. The firm has a 50-day moving average of $51.79 and a 200 day moving average of $51.74. JPMorgan Limited Duration Bond ETF has a 1 year low of $50.50 and a 1 year high of $52.23.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1808 per share. The ex-dividend date of this dividend was Monday, March 3rd.

JPMorgan Limited Duration Bond ETF 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.