Prevail Innovative Wealth Advisors LLC Purchases 20,083 Shares of JPMorgan Income ETF $JPIE

Prevail Innovative Wealth Advisors LLC raised its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 67.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 49,747 shares of the company’s stock after acquiring an additional 20,083 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Income ETF were worth $2,309,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of JPIE. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of JPMorgan Income ETF by 3.1% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 9,548 shares of the company’s stock worth $442,000 after purchasing an additional 289 shares in the last quarter. Cresset Asset Management LLC raised its holdings in JPMorgan Income ETF by 1.8% during the third quarter. Cresset Asset Management LLC now owns 18,050 shares of the company’s stock worth $838,000 after buying an additional 323 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in JPMorgan Income ETF by 26.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock worth $76,000 after buying an additional 343 shares during the last quarter. Independent Wealth Network Inc. lifted its stake in shares of JPMorgan Income ETF by 2.6% in the third quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock valued at $643,000 after buying an additional 346 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its stake 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 buying an additional 429 shares in the last quarter.

JPMorgan Income ETF Trading Down 0.1%

Shares of NYSEARCA JPIE opened at $46.20 on Friday. The company has a 50-day moving average price of $46.40 and a 200-day moving average price of $46.38. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.61.

JPMorgan Income ETF Increases Dividend

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

About JPMorgan Income ETF

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.