Transce3nd LLC Sells 28,419 Shares of JPMorgan Income ETF $JPIE

Transce3nd LLC trimmed its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 87.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,894 shares of the company’s stock after selling 28,419 shares during the period. JPMorgan Income ETF accounts for 1.4% of Transce3nd LLC’s portfolio, making the stock its 18th largest holding. Transce3nd LLC’s holdings in JPMorgan Income ETF were worth $180,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Sequoia Financial Advisors LLC raised its holdings in JPMorgan Income ETF by 71.0% during the third quarter. Sequoia Financial Advisors LLC now owns 4,609,570 shares of the company’s stock valued at $213,930,000 after acquiring an additional 1,914,053 shares during the period. JPMorgan Chase & Co. grew its position in shares of JPMorgan Income ETF by 35.2% during the second quarter. JPMorgan Chase & Co. now owns 6,850,626 shares of the company’s stock worth $317,321,000 after purchasing an additional 1,783,134 shares in the last quarter. Hilton Capital Management LLC purchased a new stake in shares of JPMorgan Income ETF during the second quarter worth about $44,037,000. Envestnet Asset Management Inc. raised its stake in JPMorgan Income ETF by 52.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,438,090 shares of the company’s stock valued at $113,152,000 after purchasing an additional 839,269 shares during the period. Finally, Savant Capital LLC lifted its holdings in JPMorgan Income ETF by 28.5% in the 2nd quarter. Savant Capital LLC now owns 3,210,220 shares of the company’s stock worth $148,697,000 after purchasing an additional 712,653 shares in the last quarter.

JPMorgan Income ETF Stock Up 0.0%

Shares of JPIE opened at $46.57 on Friday. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.61. The company has a 50 day simple moving average of $46.42 and a two-hundred day simple moving average of $46.38.

JPMorgan Income ETF Cuts Dividend

The business 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) annualized dividend and a yield of 5.2%.

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.