Trust Co. of Vermont Sells 241 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Trust Co. of Vermont reduced its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 14.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,460 shares of the company’s stock after selling 241 shares during the quarter. Trust Co. of Vermont’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $81,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JEPQ. Private Trust Co. NA increased its position in JPMorgan Nasdaq Equity Premium Income ETF by 104.8% during the 4th quarter. Private Trust Co. NA now owns 977 shares of the company’s stock valued at $49,000 after purchasing an additional 500 shares during the period. International Assets Investment Management LLC grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 5,236.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,760,120 shares of the company’s stock worth $87,883,000 after buying an additional 1,727,136 shares during the period. Sowell Financial Services LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $729,000. Allworth Financial LP grew its position in shares of JPMorgan Nasdaq Equity Premium Income ETF by 58.5% in the 4th quarter. Allworth Financial LP now owns 1,189 shares of the company’s stock worth $59,000 after buying an additional 439 shares during the period. Finally, Venture Visionary Partners LLC purchased a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 4th quarter worth about $1,343,000.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JEPQ stock traded up $0.26 during trading on Wednesday, hitting $50.45. 2,070,505 shares of the stock traded hands, compared to its average volume of 2,882,366. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $44.95 and a 1 year high of $56.18. The firm’s 50 day moving average is $54.51 and its two-hundred day moving average is $53.52. The stock has a market cap of $14.32 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.4268 dividend. This represents a $5.12 annualized dividend and a dividend yield of 10.15%. The ex-dividend date was Thursday, August 1st. This is a boost from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42.

JPMorgan Nasdaq Equity Premium Income ETF Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.