JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Raises Dividend to $0.16 Per Share

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) declared a dividend on Friday, January 31st,NASDAQ Dividends reports. Investors of record on Monday, February 3rd will be paid a dividend of 0.1595 per share on Wednesday, February 5th. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from JPMorgan Inflation Managed Bond ETF’s previous dividend of $0.14.

JPMorgan Inflation Managed Bond ETF Stock Performance

JCPI stock traded up $0.66 on Friday, hitting $47.19. 7,134 shares of the company were exchanged. The company has a fifty day simple moving average of $46.97 and a two-hundred day simple moving average of $47.26.

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.