Miracle Mile Advisors LLC Acquires 32,794 Shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD)

Miracle Mile Advisors LLC raised its holdings in shares of JPMorgan Limited Duration Bond ETF (BATS:JPLD) by 6.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 580,867 shares of the company’s stock after buying an additional 32,794 shares during the period. Miracle Mile Advisors LLC owned about 4.27% of JPMorgan Limited Duration Bond ETF worth $29,926,000 at the end of the most recent reporting period.

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

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPLD stock traded down $0.06 during trading hours on Monday, reaching $51.43. The company’s stock had a trading volume of 95,849 shares. The business’s 50 day moving average is $51.60 and its two-hundred day moving average is $51.67.

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.