Halpern Financial Inc. Increases Position in JPMorgan Inflation Managed Bond ETF (BATS:JCPI)

Halpern Financial Inc. increased its holdings in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 2.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 224,635 shares of the company’s stock after purchasing an additional 5,477 shares during the period. JPMorgan Inflation Managed Bond ETF comprises 2.8% of Halpern Financial Inc.’s holdings, making the stock its 13th largest holding. Halpern Financial Inc.’s holdings in JPMorgan Inflation Managed Bond ETF were worth $10,779,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sage Rhino Capital LLC grew its stake in JPMorgan Inflation Managed Bond ETF by 1.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 62,531 shares of the company’s stock worth $2,920,000 after buying an additional 871 shares during the last quarter. Olympus Wealth Management LLC acquired a new position in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter valued at about $222,000. Finally, Bank of Montreal Can lifted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 1,260.0% in the 2nd quarter. Bank of Montreal Can now owns 13,600 shares of the company’s stock valued at $635,000 after buying an additional 12,600 shares during the period.

JPMorgan Inflation Managed Bond ETF Stock Down 0.6 %

Shares of JCPI stock traded down $0.30 on Friday, hitting $47.55. The company had a trading volume of 25,667 shares. The company’s fifty day simple moving average is $47.61 and its 200-day simple moving average is $46.90.

JPMorgan Inflation Managed Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1387 per share. The ex-dividend date was Tuesday, September 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.