JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BATS:BBIP) Increases Dividend to $1.59 Per Share

JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BATS:BBIP) announced a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be given a dividend of 1.5946 per share on Thursday, April 4th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF’s previous dividend of $0.35.

JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF Price Performance

BBIP traded down $0.04 during trading hours on Friday, hitting $98.82. The company’s stock had a trading volume of 100 shares. The business’s fifty day moving average is $98.27 and its 200-day moving average is $97.71.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF

A hedge fund recently bought a new stake in JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF stock. Citadel Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BATS:BBIP) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 5,800 shares of the company’s stock, valued at approximately $571,000.

About JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF

The JPMorgan BetaBuilders U.S. TIPS 0-5 Year ETF (BBIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with 5 years or less until maturity. Constituents are selected using the same manner that they are weighted.