JPMorgan Inflation Managed Bond ETF $JCPI Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (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 74.09% of JPMorgan Inflation Managed Bond ETF worth $538,125,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JCPI. MAI Capital Management raised its holdings in JPMorgan Inflation Managed Bond ETF by 1.8% during 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 during the last quarter. AE Wealth Management LLC increased its position in shares of JPMorgan Inflation Managed Bond ETF by 17,872.6% in the third 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 acquired a new position in shares of JPMorgan Inflation Managed Bond ETF during the 2nd quarter worth $2,107,000. Envestnet Asset Management Inc. purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter worth about $1,470,000. Finally, Avalon Trust Co purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter worth about $114,000.

JPMorgan Inflation Managed Bond ETF Price Performance

Shares of BATS JCPI opened at $48.72 on Monday. The company’s 50-day moving average price is $48.38 and its 200 day moving average price is $48.58. JPMorgan Inflation Managed Bond ETF has a 52 week low of $46.62 and a 52 week high of $52.00.

JPMorgan Inflation Managed Bond ETF Cuts Dividend

The firm 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. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 0.9%.

JPMorgan Inflation Managed Bond ETF Company Profile

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.