Sage Rhino Capital LLC Reduces Position in JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

Sage Rhino Capital LLC reduced its position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,134 shares of the company’s stock after selling 2,154 shares during the period. Sage Rhino Capital LLC’s holdings in JPMorgan Inflation Managed Bond ETF were worth $2,658,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of JCPI. Realta Investment Advisors raised its holdings in JPMorgan Inflation Managed Bond ETF by 11.8% during the fourth quarter. Realta Investment Advisors now owns 5,485 shares of the company’s stock worth $255,000 after purchasing an additional 581 shares in the last quarter. Halpern Financial Inc. lifted its position in JPMorgan Inflation Managed Bond ETF by 0.3% in the fourth quarter. Halpern Financial Inc. now owns 196,883 shares of the company’s stock valued at $9,152,000 after acquiring an additional 584 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in JPMorgan Inflation Managed Bond ETF by 3.9% in the fourth quarter. Kestra Private Wealth Services LLC now owns 26,145 shares of the company’s stock valued at $1,216,000 after acquiring an additional 982 shares in the last quarter. Finally, Stone Point Wealth LLC grew its holdings in shares of JPMorgan Inflation Managed Bond ETF by 11.4% during the third quarter. Stone Point Wealth LLC now owns 12,677 shares of the company’s stock worth $573,000 after purchasing an additional 1,295 shares during the last quarter.

JPMorgan Inflation Managed Bond ETF Stock Down 0.3 %

Shares of BATS JCPI traded down $0.14 during trading hours on Tuesday, reaching $46.07. The stock had a trading volume of 28,545 shares. The business’s fifty day simple moving average is $46.43 and its 200-day simple moving average is $46.06.

JPMorgan Inflation Managed Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1958 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from JPMorgan Inflation Managed Bond ETF’s previous dividend of $0.13.

JPMorgan Inflation Managed Bond ETF 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.