Lionsbridge Wealth Management LLC Has $6.94 Million Stake in JPMorgan Income ETF (NYSEARCA:JPIE)

Lionsbridge Wealth Management LLC trimmed its stake in shares of JPMorgan Income ETF (NYSEARCA:JPIE) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 152,213 shares of the company’s stock after selling 8,023 shares during the quarter. JPMorgan Income ETF makes up 5.8% of Lionsbridge Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Lionsbridge Wealth Management LLC owned 0.53% of JPMorgan Income ETF worth $6,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA acquired a new position in shares of JPMorgan Income ETF in the 3rd quarter worth approximately $36,000. Wilmington Savings Fund Society FSB bought a new position in JPMorgan Income ETF during the third quarter worth $38,000. LGT Financial Advisors LLC boosted its holdings in JPMorgan Income ETF by 75.4% in the third quarter. LGT Financial Advisors LLC now owns 1,019 shares of the company’s stock worth $47,000 after purchasing an additional 438 shares during the period. CENTRAL TRUST Co increased its stake in JPMorgan Income ETF by 107.3% during the third quarter. CENTRAL TRUST Co now owns 1,248 shares of the company’s stock valued at $58,000 after purchasing an additional 646 shares during the last quarter. Finally, Sunbelt Securities Inc. acquired a new stake in shares of JPMorgan Income ETF during the third quarter worth $65,000.

JPMorgan Income ETF Stock Performance

JPMorgan Income ETF stock opened at $45.81 on Monday. JPMorgan Income ETF has a 1 year low of $44.80 and a 1 year high of $46.43. The firm’s 50-day moving average is $45.75 and its 200-day moving average is $45.85.

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.