JPMorgan Inflation Managed Bond ETF (BATS:JCPI) to Issue $0.18 Dividend

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) announced a dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Monday, July 1st will be paid a dividend of 0.183 per share on Wednesday, July 3rd. The ex-dividend date of this dividend is Monday, July 1st.

JPMorgan Inflation Managed Bond ETF Price Performance

Shares of BATS:JCPI opened at $46.69 on Friday. The company’s 50 day moving average price is $46.43 and its 200 day moving average price is $46.45.

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.