Capital Advisors Wealth Management LLC Purchases 112,666 Shares of JPMorgan Income ETF $JPIE

Capital Advisors Wealth Management LLC increased its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 21.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 648,730 shares of the company’s stock after purchasing an additional 112,666 shares during the period. JPMorgan Income ETF accounts for about 4.1% of Capital Advisors Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Capital Advisors Wealth Management LLC owned 0.40% of JPMorgan Income ETF worth $30,030,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JPIE. Imprint Wealth LLC acquired a new position in JPMorgan Income ETF during the third quarter worth approximately $33,000. ESL Trust Services LLC purchased a new stake in JPMorgan Income ETF in the third quarter valued at approximately $35,000. Central Pacific Bank Trust Division acquired a new stake in shares of JPMorgan Income ETF in the fourth quarter valued at approximately $35,000. Total Investment Management Inc. purchased a new position in shares of JPMorgan Income ETF during the second quarter worth approximately $37,000. Finally, Wilmington Savings Fund Society FSB grew its position in shares of JPMorgan Income ETF by 95.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after acquiring an additional 429 shares during the last quarter.

JPMorgan Income ETF Stock Performance

JPIE stock opened at $45.91 on Monday. The company has a fifty day moving average price of $46.26 and a 200 day moving average price of $46.32. JPMorgan Income ETF has a 12 month low of $45.01 and a 12 month high of $46.61.

JPMorgan Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2082 per share. This represents a c) annualized dividend and a dividend yield of 5.4%. This is a positive change from JPMorgan Income ETF’s previous monthly dividend of $0.20. The ex-dividend date was Monday, March 2nd.

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.