Wealth Enhancement Advisory Services LLC Acquires 36,484 Shares of JPMorgan Income ETF $JPIE

Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 14.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 287,192 shares of the company’s stock after acquiring an additional 36,484 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.19% of JPMorgan Income ETF worth $13,314,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JPIE. American Financial Advisors LLC increased its holdings in JPMorgan Income ETF by 1,427.5% in the third quarter. American Financial Advisors LLC now owns 257,284 shares of the company’s stock valued at $11,941,000 after purchasing an additional 240,440 shares during the last quarter. MorganRosel Wealth Management LLC boosted its holdings in JPMorgan Income ETF by 22.5% during the third quarter. MorganRosel Wealth Management LLC now owns 147,741 shares of the company’s stock worth $6,857,000 after buying an additional 27,107 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in JPMorgan Income ETF by 33.1% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 130,053 shares of the company’s stock worth $6,036,000 after buying an additional 32,374 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of JPMorgan Income ETF by 142.7% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 48,519 shares of the company’s stock worth $2,252,000 after buying an additional 28,531 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of JPMorgan Income ETF by 5.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 401,410 shares of the company’s stock worth $18,629,000 after buying an additional 21,085 shares during the period.

JPMorgan Income ETF Trading Down 0.4%

Shares of NYSEARCA:JPIE opened at $45.83 on Friday. The firm’s 50 day simple moving average is $46.31 and its 200 day simple moving average is $46.34. JPMorgan Income ETF has a fifty-two week low of $45.01 and a fifty-two week high of $46.61.

JPMorgan Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.2082 dividend. This represents a c) annualized dividend and a yield of 5.5%. This is a boost from JPMorgan Income ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, March 2nd.

JPMorgan Income ETF Company Profile

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.