Obsidian Personal Planning Solutions LLC Purchases 10,962 Shares of JPMorgan Income ETF $JPIE

Obsidian Personal Planning Solutions LLC lifted its position in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 3.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 298,749 shares of the company’s stock after purchasing an additional 10,962 shares during the period. JPMorgan Income ETF comprises about 4.8% of Obsidian Personal Planning Solutions LLC’s holdings, making the stock its 5th largest position. Obsidian Personal Planning Solutions LLC’s holdings in JPMorgan Income ETF were worth $13,865,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPIE. Parkworth Wealth Management Inc. purchased a new position in JPMorgan Income ETF in the second quarter valued at $29,000. ESL Trust Services LLC purchased a new stake in JPMorgan Income ETF during the 3rd quarter worth about $35,000. Total Investment Management Inc. purchased a new stake in JPMorgan Income ETF during the 2nd quarter worth about $37,000. Wilmington Savings Fund Society FSB boosted its position in shares of JPMorgan Income ETF by 95.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 880 shares of the company’s stock worth $41,000 after acquiring an additional 429 shares in the last quarter. Finally, GGM Financials LLC acquired a new position in shares of JPMorgan Income ETF during the 3rd quarter worth about $43,000.

JPMorgan Income ETF Trading Down 0.1%

JPIE opened at $46.20 on Friday. JPMorgan Income ETF has a one year low of $45.01 and a one year high of $46.61. The business’s 50-day simple moving average is $46.40 and its 200-day simple moving average is $46.38.

JPMorgan Income ETF Increases Dividend

The firm also recently declared 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) dividend on an annualized basis 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.