Chesley Taft & Associates LLC Buys 16,848 Shares of JPMorgan Income ETF $JPIE

Chesley Taft & Associates LLC grew its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 26.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 79,920 shares of the company’s stock after purchasing an additional 16,848 shares during the period. Chesley Taft & Associates LLC owned approximately 0.05% of JPMorgan Income ETF worth $3,699,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in JPIE. Cary Street Partners Investment Advisory LLC boosted its stake 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 buying an additional 289 shares during the last quarter. Narus Financial Partners LLC grew its holdings in shares of JPMorgan Income ETF by 0.6% in the third quarter. Narus Financial Partners LLC now owns 49,316 shares of the company’s stock valued at $2,289,000 after acquiring an additional 308 shares in the last quarter. Cresset Asset Management LLC increased its position in shares of JPMorgan Income ETF by 1.8% during the third quarter. Cresset Asset Management LLC now owns 18,050 shares of the company’s stock valued at $838,000 after acquiring an additional 323 shares during the last quarter. EverSource Wealth Advisors LLC lifted 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 acquiring an additional 343 shares during the period. Finally, Independent Wealth Network Inc. lifted its holdings in JPMorgan Income ETF by 2.6% during the third quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock worth $643,000 after acquiring an additional 346 shares during the period.

JPMorgan Income ETF Price Performance

JPIE stock opened at $45.85 on Friday. The stock’s fifty day simple moving average is $46.30 and its two-hundred day simple moving average is $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 declared 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 an increase from JPMorgan Income ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

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.