Avior Wealth Management LLC Has $4.62 Million Stake in JPMorgan Inflation Managed Bond ETF $JCPI

Avior Wealth Management LLC grew its stake in shares of JPMorgan Inflation Managed Bond ETF (BATS:JCPI) by 589.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,847 shares of the company’s stock after buying an additional 81,953 shares during the period. Avior Wealth Management LLC owned approximately 0.64% of JPMorgan Inflation Managed Bond ETF worth $4,619,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of JCPI. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Inflation Managed Bond ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,031,673 shares of the company’s stock valued at $538,125,000 after acquiring an additional 145,871 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in JPMorgan Inflation Managed Bond ETF by 2.9% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 54,616 shares of the company’s stock worth $2,664,000 after acquiring an additional 1,515 shares during the last quarter. Lido Advisors LLC bought a new position in JPMorgan Inflation Managed Bond ETF during the 3rd quarter worth approximately $465,000. Integrated Wealth Concepts LLC grew its holdings in JPMorgan Inflation Managed Bond ETF by 237.8% during the third quarter. Integrated Wealth Concepts LLC now owns 30,447 shares of the company’s stock valued at $1,485,000 after purchasing an additional 21,434 shares during the period. Finally, Citadel Advisors LLC acquired a new position in JPMorgan Inflation Managed Bond ETF during the third quarter valued at approximately $275,000.

JPMorgan Inflation Managed Bond ETF Stock Down 0.1%

Shares of BATS:JCPI opened at $48.52 on Friday. The company has a 50 day moving average price of $48.49 and a two-hundred day moving average price of $48.60. JPMorgan Inflation Managed Bond ETF has a 52 week low of $46.62 and a 52 week high of $52.00.

JPMorgan Inflation Managed Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1099 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from JPMorgan Inflation Managed Bond ETF’s previous monthly dividend of $0.04.

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. JCPI was launched on Mar 31, 2010 and is managed by JPMorgan Chase.