von Borstel & Associates Inc. Acquires Shares of 13,350 JPMorgan Income ETF $JPIE

von Borstel & Associates Inc. bought a new position in shares of JPMorgan Income ETF (NYSEARCA:JPIEFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 13,350 shares of the company’s stock, valued at approximately $617,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parkworth Wealth Management Inc. bought a new position in JPMorgan Income ETF in the 2nd quarter valued at about $29,000. ESL Trust Services LLC purchased a new stake in shares of JPMorgan Income ETF in the third quarter worth approximately $35,000. Total Investment Management Inc. bought a new position in shares of JPMorgan Income ETF in the second quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB lifted its holdings in shares of JPMorgan Income ETF by 95.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock valued at $41,000 after purchasing an additional 429 shares in the last quarter. Finally, GGM Financials LLC purchased a new position in shares of JPMorgan Income ETF during the third quarter valued at approximately $43,000.

JPMorgan Income ETF Trading Down 0.2%

Shares of JPMorgan Income ETF stock opened at $46.01 on Friday. The stock has a fifty day simple moving average of $46.38 and a 200 day simple moving average of $46.37. JPMorgan Income ETF has a 12-month low of $45.01 and a 12-month high of $46.61.

JPMorgan Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.2082 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.4%. This is a positive change from JPMorgan Income ETF’s previous monthly dividend of $0.20.

JPMorgan Income ETF Company Profile

(Free Report)

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.

See Also

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Institutional Ownership by Quarter for JPMorgan Income ETF (NYSEARCA:JPIE)

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