Brookfield Renewable Corporation $BEPC Shares Purchased by JPMorgan Chase & Co.
JPMorgan Chase & Co. significantly increased its holdings in Brookfield Renewable Corporation (NYSE:BEPC) by 81% during the third quarter, acquiring an additional 102,406 shares. Other major institutional investors like Vanguard Group, Parnassus Investments, and Principal Financial Group also boosted their stakes, bringing the total institutional ownership to about 75.12%. Brookfield Renewable also announced an increase in its quarterly dividend to $0.392 per share, representing an annualized dividend of $1.57 and a 4.0% yield.