JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Trading Up 0.6% – Here’s Why

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIVGet Free Report) shares were up 0.6% during trading on Friday . The stock traded as high as $53.95 and last traded at $53.95. Approximately 72 shares traded hands during trading, a decline of 81% from the average daily volume of 383 shares. The stock had previously closed at $53.61.

JPMorgan Dividend Leaders ETF Trading Up 0.6%

The stock has a market cap of $8.09 million, a PE ratio of 20.22 and a beta of 0.85. The company has a fifty day moving average of $53.72 and a 200-day moving average of $53.02.

JPMorgan Dividend Leaders ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, December 15th were paid a dividend of $0.2158 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.6%. This is a boost from JPMorgan Dividend Leaders ETF’s previous quarterly dividend of $0.17. The ex-dividend date was Monday, December 15th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. lifted its stake in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIVFree Report) by 6.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,072 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Benjamin Edwards Inc. owned about 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 at the end of the most recent quarter.

JPMorgan Dividend Leaders ETF Company Profile

(Get Free Report)

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.

Further Reading

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