JPMorgan Inflation Managed Bond ETF (BATS:JCPI) Raises Dividend to $0.16 Per Share

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) declared a dividend on Friday, January 31st,NASDAQ Dividends reports. Stockholders of record on Monday, February 3rd will be given a dividend of 0.1595 per share on Wednesday, February 5th. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from JPMorgan Inflation Managed Bond ETF’s previous dividend of $0.14.

JPMorgan Inflation Managed Bond ETF Stock Up 1.4 %

Shares of BATS:JCPI traded up $0.66 during midday trading on Friday, reaching $47.19. 7,134 shares of the company were exchanged. The stock’s fifty day moving average price is $46.97 and its two-hundred day moving average price is $47.26.

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.