Waterloo Capital L.P. Buys 10,885 Shares of JPMorgan Income ETF $JPIE

Waterloo Capital L.P. grew its position in JPMorgan Income ETF (NYSEARCA:JPIE) by 6.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 180,804 shares of the company’s stock after acquiring an additional 10,885 shares during the period. Waterloo Capital L.P.’s holdings in JPMorgan Income ETF were worth $8,391,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPIE. Jones Financial Companies Lllp bought a new position in JPMorgan Income ETF in the first quarter valued at about $555,000. Ameritas Advisory Services LLC bought a new position in JPMorgan Income ETF in the 2nd quarter valued at approximately $167,000. InTrack Investment Management Inc bought a new position in JPMorgan Income ETF in the 2nd quarter valued at approximately $1,343,000. IFP Advisors Inc grew its holdings in JPMorgan Income ETF by 175.0% during the 2nd quarter. IFP Advisors Inc now owns 12,192 shares of the company’s stock worth $565,000 after acquiring an additional 7,758 shares during the last quarter. Finally, Etesian Wealth Advisors Inc. increased its position in JPMorgan Income ETF by 89.6% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 125,936 shares of the company’s stock valued at $5,833,000 after acquiring an additional 59,524 shares during the period.

JPMorgan Income ETF Price Performance

Shares of JPMorgan Income ETF stock opened at $46.36 on Friday. JPMorgan Income ETF has a twelve month low of $45.01 and a twelve month high of $46.57. The company’s fifty day moving average is $46.36 and its 200 day moving average is $46.35.

JPMorgan Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.2036 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.3%.

JPMorgan Income ETF Company Profile

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.