JPMorgan Inflation Managed Bond ETF Announces Dividend of $0.15 (BATS:JCPI)

JPMorgan Inflation Managed Bond ETF (BATS:JCPI) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.1488 per share on Wednesday, March 5th. The ex-dividend date of this dividend is Monday, March 3rd.

JPMorgan Inflation Managed Bond ETF Stock Up 2.9 %

JPMorgan Inflation Managed Bond ETF stock traded up $1.35 during mid-day trading on Friday, hitting $47.88. The company’s stock had a trading volume of 7,134 shares. The business has a 50 day moving average of $47.05 and a 200 day moving average of $47.31.

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.