JPMorgan Income ETF $JPIE Shares Acquired by Enclave Advisors LLC

Enclave Advisors LLC lifted its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 7.4% during the fourth quarter, Holdings Channel reports. The fund owned 937,379 shares of the company’s stock after acquiring an additional 64,477 shares during the period. JPMorgan Income ETF comprises 6.1% of Enclave Advisors LLC’s investment portfolio, making the stock its 4th largest position. Enclave Advisors LLC’s holdings in JPMorgan Income ETF were worth $43,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Cary Street Partners Investment Advisory LLC boosted its holdings in JPMorgan Income ETF by 3.1% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 9,548 shares of the company’s stock valued at $442,000 after purchasing an additional 289 shares during the period. Narus Financial Partners LLC increased its holdings in JPMorgan Income ETF by 0.6% during the 3rd quarter. Narus Financial Partners LLC now owns 49,316 shares of the company’s stock worth $2,289,000 after purchasing an additional 308 shares during the period. Cresset Asset Management LLC increased its holdings in JPMorgan Income ETF by 1.8% during the 3rd quarter. Cresset Asset Management LLC now owns 18,050 shares of the company’s stock worth $838,000 after purchasing an additional 323 shares during the period. EverSource Wealth Advisors LLC raised its position in JPMorgan Income ETF by 26.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,642 shares of the company’s stock valued at $76,000 after purchasing an additional 343 shares in the last quarter. Finally, Independent Wealth Network Inc. raised its position in JPMorgan Income ETF by 2.6% in the 3rd quarter. Independent Wealth Network Inc. now owns 13,856 shares of the company’s stock valued at $643,000 after purchasing an additional 346 shares in the last quarter.

JPMorgan Income ETF Trading Up 0.0%

Shares of JPIE opened at $45.85 on Friday. JPMorgan Income ETF has a 1 year low of $45.01 and a 1 year high of $46.61. The stock has a 50-day simple moving average of $46.30 and a 200-day simple moving average of $46.34.

JPMorgan Income ETF Increases Dividend

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

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.