JPMorgan Chase & Co. Buys 145,871 Shares of JPMorgan Inflation Managed Bond ETF $JCPI

JPMorgan Chase & Co. raised its position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,031,673 shares of the company’s stock after acquiring an additional 145,871 shares during the quarter. JPMorgan Chase & Co. owned approximately 74.09% of JPMorgan Inflation Managed Bond ETF worth $538,125,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JCPI. MAI Capital Management raised its holdings in JPMorgan Inflation Managed Bond ETF by 1.8% in the second quarter. MAI Capital Management now owns 246,008 shares of the company’s stock worth $11,870,000 after purchasing an additional 4,429 shares in the last quarter. AE Wealth Management LLC boosted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 17,872.6% during the 3rd quarter. AE Wealth Management LLC now owns 51,222 shares of the company’s stock valued at $2,499,000 after buying an additional 50,937 shares in the last quarter. Balanced Rock Investment Advisors LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter worth about $2,107,000. Envestnet Asset Management Inc. bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter worth about $1,470,000. Finally, Avalon Trust Co purchased a new position in JPMorgan Inflation Managed Bond ETF during the 2nd quarter valued at about $114,000.

JPMorgan Inflation Managed Bond ETF Price Performance

BATS:JCPI opened at $48.61 on Thursday. JPMorgan Inflation Managed Bond ETF has a one year low of $46.62 and a one year high of $52.00. The company’s 50-day simple moving average is $48.37 and its 200 day simple moving average is $48.58.

JPMorgan Inflation Managed Bond 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 given a $0.0364 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, February 2nd.

About JPMorgan Inflation Managed Bond ETF

The JPMorgan Inflation Managed Bond ETF (JCPI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to protect total return by holding a broad portfolio of US investment-grade bonds that is equivalent to those of inflation-protected securities. The actively managed fund makes use of swaps to hedge inflation risk. JCPI was launched on Mar 31, 2010 and is managed by JPMorgan Chase.