JPMorgan Income ETF $JPIE Shares Bought by Enclave Advisors LLC

Enclave Advisors LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 937,379 shares of the company’s stock after purchasing an additional 64,477 shares during the quarter. JPMorgan Income ETF accounts for 6.1% of Enclave Advisors LLC’s holdings, making the stock its 4th largest holding. Enclave Advisors LLC owned 0.63% of JPMorgan Income ETF worth $43,395,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of JPIE. Jones Financial Companies Lllp acquired a new stake in shares of JPMorgan Income ETF during the 1st quarter worth about $555,000. Creative Planning lifted its position in JPMorgan Income ETF by 8.4% in the second quarter. Creative Planning now owns 12,187 shares of the company’s stock valued at $564,000 after buying an additional 949 shares during the last quarter. Global Retirement Partners LLC acquired a new position in JPMorgan Income ETF in the second quarter valued at about $252,000. Steward Partners Investment Advisory LLC purchased a new position in JPMorgan Income ETF during the second quarter worth about $561,000. Finally, XTX Topco Ltd acquired a new stake in shares of JPMorgan Income ETF during the second quarter valued at about $243,000.

JPMorgan Income ETF Trading Up 0.0%

Shares of JPIE opened at $45.85 on Friday. The firm has a 50-day simple moving average of $46.30 and a two-hundred day simple moving average of $46.34. 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 business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.2082 dividend. This is a boost from JPMorgan Income ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.4%.

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.