Sage Rhino Capital LLC Sells 2,154 Shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

Sage Rhino Capital LLC cut its position in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The firm 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of JCPI. Stone Point Wealth LLC increased its position 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 valued at $573,000 after purchasing an additional 1,295 shares during the period. Kestra Private Wealth Services LLC increased its position in shares of JPMorgan Inflation Managed Bond ETF by 16.7% during the third quarter. Kestra Private Wealth Services LLC now owns 25,163 shares of the company’s stock valued at $1,137,000 after purchasing an additional 3,601 shares during the period. Halpern Financial Inc. increased its position in shares of JPMorgan Inflation Managed Bond ETF by 0.3% during the fourth quarter. Halpern Financial Inc. now owns 196,883 shares of the company’s stock valued at $9,152,000 after purchasing an additional 584 shares during the period. Finally, Realta Investment Advisors grew its position in JPMorgan Inflation Managed Bond ETF by 11.8% in the fourth quarter. Realta Investment Advisors now owns 5,485 shares of the company’s stock valued at $255,000 after acquiring an additional 581 shares during the period.

JPMorgan Inflation Managed Bond ETF Price Performance

BATS:JCPI traded down $0.14 during trading hours on Tuesday, reaching $46.07. The company had a trading volume of 28,545 shares. The business has a 50 day simple moving average of $46.43 and a 200-day simple moving average of $46.06.

JPMorgan Inflation Managed Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1958 dividend. This is a boost from JPMorgan Inflation Managed Bond ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, April 1st.

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.