JPMorgan Chase & Co. Sells 362,768 Shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

JPMorgan Chase & Co. trimmed its position in JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,391,661 shares of the company’s stock after selling 362,768 shares during the quarter. JPMorgan Chase & Co. owned about 74.28% of JPMorgan Inflation Managed Bond ETF worth $486,330,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF during the 4th quarter worth approximately $4,839,000. HighTower Advisors LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the fourth quarter valued at $2,908,000. Clear Creek Financial Management LLC bought a new position in JPMorgan Inflation Managed Bond ETF during the fourth quarter valued at $1,199,000. Jane Street Group LLC grew its stake in shares of JPMorgan Inflation Managed Bond ETF by 59.0% in the 3rd quarter. Jane Street Group LLC now owns 38,862 shares of the company’s stock worth $1,866,000 after buying an additional 14,419 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of JPMorgan Inflation Managed Bond ETF by 15.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 49,050 shares of the company’s stock worth $2,296,000 after buying an additional 6,544 shares during the last quarter.

JPMorgan Inflation Managed Bond ETF Stock Performance

Shares of BATS JCPI opened at $48.09 on Friday. JPMorgan Inflation Managed Bond ETF has a 12-month low of $45.81 and a 12-month high of $48.74. The firm’s 50-day moving average price is $47.46 and its 200-day moving average price is $47.33.

JPMorgan Inflation Managed Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1488 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.