Centaurus Financial Inc. Reduces Stock Holdings in JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

Centaurus Financial Inc. reduced its stake in JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 22.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,450 shares of the company’s stock after selling 999 shares during the period. Centaurus Financial Inc.’s holdings in JPMorgan Inflation Managed Bond ETF were worth $160,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JCPI. Realta Investment Advisors grew its position in shares of JPMorgan Inflation Managed Bond ETF by 11.8% during the fourth quarter. Realta Investment Advisors now owns 5,485 shares of the company’s stock worth $255,000 after acquiring an additional 581 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in shares of JPMorgan Inflation Managed Bond ETF by 3.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 26,145 shares of the company’s stock worth $1,216,000 after acquiring an additional 982 shares during the last quarter. Finally, Halpern Financial Inc. grew 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 worth $9,152,000 after acquiring an additional 584 shares during the last quarter.

JPMorgan Inflation Managed Bond ETF Stock Performance

Shares of JCPI opened at $46.68 on Wednesday. The business’s 50-day simple moving average is $46.35 and its 200 day simple moving average is $46.40.

JPMorgan Inflation Managed Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a $0.2185 dividend. This is a positive change from JPMorgan Inflation Managed Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, June 3rd.

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.