Mainstream Capital Management LLC Invests $33,000 in JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

Mainstream Capital Management LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) in the 4th quarter, Holdings Channel.com reports. The firm purchased 706 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds have also recently added to or reduced their stakes in JCPI. Jones Financial Companies Lllp grew its holdings in shares of JPMorgan Inflation Managed Bond ETF by 15.1% during the fourth quarter. Jones Financial Companies Lllp now owns 2,925 shares of the company’s stock worth $137,000 after buying an additional 383 shares in the last quarter. MML Investors Services LLC boosted its position in JPMorgan Inflation Managed Bond ETF by 9.5% during the third quarter. MML Investors Services LLC now owns 6,830 shares of the company’s stock worth $328,000 after acquiring an additional 595 shares during the last quarter. Bill Few Associates Inc. grew its stake in JPMorgan Inflation Managed Bond ETF by 22.2% during the 4th quarter. Bill Few Associates Inc. now owns 13,201 shares of the company’s stock valued at $618,000 after acquiring an additional 2,395 shares in the last quarter. Flow Traders U.S. LLC raised its holdings in JPMorgan Inflation Managed Bond ETF by 15.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 22,995 shares of the company’s stock valued at $1,104,000 after acquiring an additional 3,131 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new position in JPMorgan Inflation Managed Bond ETF in the 3rd quarter worth approximately $237,000.

JPMorgan Inflation Managed Bond ETF Trading Up 2.6 %

Shares of JPMorgan Inflation Managed Bond ETF stock opened at $47.73 on Wednesday. The business’s 50 day moving average price is $47.07 and its 200 day moving average price is $47.31. JPMorgan Inflation Managed Bond ETF has a one year low of $45.81 and a one year high of $48.74.

JPMorgan Inflation Managed Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.1488 per share. The ex-dividend date is 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.