Journey Strategic Wealth LLC Buys 14,184 Shares of JPMorgan Income ETF $JPIE

Journey Strategic Wealth LLC grew its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIEFree Report) by 6.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 229,451 shares of the company’s stock after buying an additional 14,184 shares during the quarter. Journey Strategic Wealth LLC’s holdings in JPMorgan Income ETF were worth $10,649,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in JPIE. Parkworth Wealth Management Inc. acquired a new stake in shares of JPMorgan Income ETF in the 2nd quarter valued at about $29,000. ESL Trust Services LLC bought a new position in JPMorgan Income ETF in the third quarter worth approximately $35,000. Total Investment Management Inc. bought a new position in JPMorgan Income ETF in the second quarter worth approximately $37,000. Wilmington Savings Fund Society FSB grew its stake in JPMorgan Income ETF by 95.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock valued at $41,000 after acquiring an additional 429 shares during the period. Finally, GGM Financials LLC bought a new stake in shares of JPMorgan Income ETF during the third quarter valued at approximately $43,000.

JPMorgan Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPIE opened at $46.57 on Monday. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.61. The stock’s 50 day moving average is $46.42 and its 200-day moving average is $46.38.

JPMorgan Income ETF Increases Dividend

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

JPMorgan Income ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding JPIE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Income ETF (NYSEARCA:JPIEFree Report).

Institutional Ownership by Quarter for JPMorgan Income ETF (NYSEARCA:JPIE)

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