AE Wealth Management LLC Acquires 50,937 Shares of JPMorgan Inflation Managed Bond ETF $JCPI

AE Wealth Management LLC raised its holdings in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 17,872.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,222 shares of the company’s stock after buying an additional 50,937 shares during the period. AE Wealth Management LLC owned about 0.34% of JPMorgan Inflation Managed Bond ETF worth $2,499,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. CWM LLC purchased a new stake in JPMorgan Inflation Managed Bond ETF during the 3rd quarter valued at about $26,000. Bill Few Associates Inc. increased its stake in JPMorgan Inflation Managed Bond ETF by 8.8% in the 2nd quarter. Bill Few Associates Inc. now owns 13,161 shares of the company’s stock worth $635,000 after purchasing an additional 1,065 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in JPMorgan Inflation Managed Bond ETF by 21.8% in the third quarter. Nations Financial Group Inc. IA ADV now owns 5,999 shares of the company’s stock valued at $293,000 after purchasing an additional 1,072 shares during the last quarter. Sage Rhino Capital LLC boosted its stake in shares of JPMorgan Inflation Managed Bond ETF by 2.4% during the third quarter. Sage Rhino Capital LLC now owns 58,548 shares of the company’s stock valued at $2,856,000 after purchasing an additional 1,368 shares during the period. Finally, Avalon Trust Co bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the second quarter worth approximately $114,000.

JPMorgan Inflation Managed Bond ETF Stock Down 1.0%

Shares of BATS JCPI opened at $48.52 on Monday. The firm’s fifty day moving average is $48.38 and its 200 day moving average is $48.55. JPMorgan Inflation Managed Bond ETF has a 52 week low of $46.45 and a 52 week high of $52.00.

JPMorgan Inflation Managed Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.0364 per share. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd.

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. JCPI was launched on Mar 31, 2010 and is managed by JPMorgan Chase.