Cary Street Partners Financial LLC Has $52 Million Stock Holdings in JPMorgan Income ETF $JPIE

Cary Street Partners Financial LLC raised its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 9.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,120,407 shares of the company’s stock after buying an additional 95,020 shares during the period. JPMorgan Income ETF accounts for about 1.3% of Cary Street Partners Financial LLC’s portfolio, making the stock its 9th largest holding. Cary Street Partners Financial LLC owned about 0.89% of JPMorgan Income ETF worth $51,998,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Jones Financial Companies Lllp acquired a new stake in shares of JPMorgan Income ETF in the first quarter valued at about $555,000. Focus Partners Advisor Solutions LLC bought a new position in JPMorgan Income ETF in the second quarter valued at approximately $256,000. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Income ETF by 83.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,598,821 shares of the company’s stock worth $74,057,000 after purchasing an additional 726,850 shares during the last quarter. GWN Securities Inc. acquired a new position in shares of JPMorgan Income ETF during the 2nd quarter worth approximately $202,000. Finally, Winebrenner Capital Management LLC raised its stake in shares of JPMorgan Income ETF by 314.7% during the 2nd quarter. Winebrenner Capital Management LLC now owns 68,532 shares of the company’s stock worth $3,174,000 after purchasing an additional 52,006 shares in the last quarter.

JPMorgan Income ETF Price Performance

NYSEARCA:JPIE opened at $46.55 on Wednesday. JPMorgan Income ETF has a 1-year low of $45.01 and a 1-year high of $46.57. The firm has a fifty day simple moving average of $46.41 and a 200 day simple moving average of $46.37.

JPMorgan Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.2036 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.2%.

JPMorgan Income ETF 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.