JPMorgan Income ETF $JPIE Shares Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC increased its holdings in JPMorgan Income ETF (NYSEARCA:JPIE) by 15.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 357,465 shares of the company’s stock after buying an additional 47,134 shares during the quarter. JPMorgan Income ETF comprises 1.2% of Elevation Point Wealth Partners LLC’s portfolio, making the stock its 14th largest holding. Elevation Point Wealth Partners LLC owned about 0.28% of JPMorgan Income ETF worth $16,590,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JPIE. Parkworth Wealth Management Inc. acquired a new position in shares of JPMorgan Income ETF during the second quarter valued at $29,000. Imprint Wealth LLC bought a new position in JPMorgan Income ETF in the 3rd quarter valued at about $33,000. ESL Trust Services LLC bought a new position in JPMorgan Income ETF in the 3rd quarter valued at about $35,000. Total Investment Management Inc. acquired a new position in JPMorgan Income ETF during the 2nd quarter valued at about $37,000. Finally, Wilmington Savings Fund Society FSB increased its stake in JPMorgan Income ETF by 95.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock valued at $41,000 after buying an additional 429 shares during the period.

JPMorgan Income ETF Stock Down 0.2%

Shares of NYSEARCA:JPIE opened at $46.01 on Friday. The company has a 50 day moving average of $46.38 and a 200-day moving average of $46.37. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.61.

JPMorgan Income ETF Increases Dividend

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

About JPMorgan Income ETF

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.