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

JPMorgan Limited Duration Bond ETF (BATS:JPLD)’s share price passed 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 changing hands.

JPMorgan Limited Duration Bond ETF Stock Performance

The company’s 50-day simple moving average is $51.76 and its 200 day simple moving average is $51.53.

JPMorgan Limited Duration Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1936 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On JPMorgan Limited Duration Bond ETF

Several hedge funds have recently modified their holdings of the stock. FRG Family Wealth Advisors LLC bought a new stake in JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at $302,000. MidWestOne Financial Group Inc. boosted its position in JPMorgan Limited Duration Bond ETF by 68.9% during the third quarter. MidWestOne Financial Group Inc. now owns 41,003 shares of the company’s stock worth $2,138,000 after purchasing an additional 16,730 shares in the last quarter. MML Investors Services LLC acquired a new stake in JPMorgan Limited Duration Bond ETF in the 3rd quarter worth about $421,000. MCIA Inc acquired a new position in JPMorgan Limited Duration Bond ETF during the third quarter worth about $1,903,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of JPMorgan Limited Duration Bond ETF during the 3rd quarter valued at about $841,000.

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.