Certified Advisory Corp Has $20.12 Million Position in JPMorgan Income ETF $JPIE

Certified Advisory Corp boosted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 434,639 shares of the company’s stock after buying an additional 18,090 shares during the period. JPMorgan Income ETF makes up approximately 1.8% of Certified Advisory Corp’s investment portfolio, making the stock its 8th largest position. Certified Advisory Corp owned about 0.29% of JPMorgan Income ETF worth $20,119,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of JPMorgan Income ETF by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,429,426 shares of the company’s stock valued at $344,800,000 after buying an additional 578,800 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of JPMorgan Income ETF by 71.0% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock worth $213,930,000 after acquiring an additional 1,914,053 shares during the period. Savant Capital LLC boosted its position in shares of JPMorgan Income ETF by 10.2% during the 3rd quarter. Savant Capital LLC now owns 3,538,263 shares of the company’s stock worth $164,211,000 after acquiring an additional 328,043 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in JPMorgan Income ETF by 52.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after acquiring an additional 839,269 shares during the last quarter. Finally, Heritage Financial Services LLC increased its stake in JPMorgan Income ETF by 4.5% in the third quarter. Heritage Financial Services LLC now owns 2,305,382 shares of the company’s stock valued at $106,993,000 after acquiring an additional 99,558 shares during the last quarter.

JPMorgan Income ETF Stock Performance

Shares of JPIE opened at $45.92 on Wednesday. The firm has a 50 day simple moving average of $46.33 and a two-hundred day simple moving average of $46.35. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.61.

JPMorgan Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid 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.

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.