WealthTrak Capital Management LLC Acquires New Shares in JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

WealthTrak Capital Management LLC acquired a new position in JPMorgan Inflation Managed Bond ETF (BATS:JCPI) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 4,846 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds have also bought and sold shares of the company. Flow Traders U.S. LLC grew its stake in shares of JPMorgan Inflation Managed Bond ETF by 15.8% in the third quarter. Flow Traders U.S. LLC now owns 22,995 shares of the company’s stock worth $1,104,000 after acquiring an additional 3,131 shares during the period. Jane Street Group LLC grew its position in 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 purchasing an additional 14,419 shares during the period. MML Investors Services LLC raised its stake in JPMorgan Inflation Managed Bond ETF by 9.5% during the 3rd quarter. MML Investors Services LLC now owns 6,830 shares of the company’s stock valued at $328,000 after buying an additional 595 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 3.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,754,429 shares of the company’s stock valued at $516,320,000 after buying an additional 337,437 shares during the period. Finally, Bill Few Associates Inc. boosted its stake in shares of JPMorgan Inflation Managed Bond ETF by 22.2% in the 4th quarter. Bill Few Associates Inc. now owns 13,201 shares of the company’s stock worth $618,000 after buying an additional 2,395 shares during the last quarter.

JPMorgan Inflation Managed Bond ETF Stock Up 3.3 %

Shares of JCPI opened at $48.09 on Friday. JPMorgan Inflation Managed Bond ETF has a one year low of $45.81 and a one year high of $48.74. The business has a fifty day moving average of $47.46 and a 200 day moving average of $47.34.

JPMorgan Inflation Managed Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders 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.