Certified Advisory Corp Raises Stock Position in JPMorgan Income ETF $JPIE

Certified Advisory Corp boosted its stake in JPMorgan Income ETF (NYSEARCA:JPIE) by 21.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 416,549 shares of the company’s stock after purchasing an additional 74,924 shares during the quarter. JPMorgan Income ETF comprises about 1.8% of Certified Advisory Corp’s holdings, making the stock its 8th biggest position. Certified Advisory Corp owned 0.33% of JPMorgan Income ETF worth $19,332,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PFG Advisors boosted its position in shares of JPMorgan Income ETF by 7.3% during the 3rd quarter. PFG Advisors now owns 41,025 shares of the company’s stock worth $1,904,000 after purchasing an additional 2,808 shares in the last quarter. Prevail Innovative Wealth Advisors LLC increased its position in JPMorgan Income ETF by 67.7% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 49,747 shares of the company’s stock valued at $2,309,000 after buying an additional 20,083 shares in the last quarter. TPG Financial Advisors LLC raised its stake in JPMorgan Income ETF by 3.7% during the 3rd quarter. TPG Financial Advisors LLC now owns 420,482 shares of the company’s stock worth $19,515,000 after buying an additional 15,095 shares during the period. Obsidian Personal Planning Solutions LLC boosted its holdings in JPMorgan Income ETF by 3.8% in the third quarter. Obsidian Personal Planning Solutions LLC now owns 298,749 shares of the company’s stock worth $13,865,000 after acquiring an additional 10,962 shares in the last quarter. Finally, Consolidated Portfolio Review Corp boosted its holdings in JPMorgan Income ETF by 141.0% in the third quarter. Consolidated Portfolio Review Corp now owns 39,922 shares of the company’s stock worth $1,853,000 after acquiring an additional 23,356 shares in the last quarter.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $46.20 on Monday. JPMorgan Income ETF has a 52 week low of $45.01 and a 52 week high of $46.61. The stock has a 50 day moving average price of $46.40 and a two-hundred day moving average price of $46.38.

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 an increase 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.