Cornerstone Planning Group LLC Invests $1.16 Million in JPMorgan Inflation Managed Bond ETF $JCPI

Cornerstone Planning Group LLC bought a new position in JPMorgan Inflation Managed Bond ETF (BATS:JCPI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 23,820 shares of the company’s stock, valued at approximately $1,158,000. Cornerstone Planning Group LLC owned approximately 0.16% of JPMorgan Inflation Managed Bond ETF as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. International Assets Investment Management LLC purchased a new position in JPMorgan Inflation Managed Bond ETF during the 4th quarter valued at about $25,000. Royal Bank of Canada lifted its holdings in shares of JPMorgan Inflation Managed Bond ETF by 206.7% in the fourth quarter. Royal Bank of Canada now owns 1,009 shares of the company’s stock worth $49,000 after buying an additional 680 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of JPMorgan Inflation Managed Bond ETF in the third quarter worth about $275,000. Prism Advisors Inc. bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the first quarter valued at approximately $320,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the first quarter valued at approximately $395,000.

JPMorgan Inflation Managed Bond ETF Stock Up 0.3%

Shares of BATS:JCPI opened at $47.82 on Friday. The company has a 50 day moving average of $48.06 and a 200 day moving average of $48.32. JPMorgan Inflation Managed Bond ETF has a 12 month low of $47.54 and a 12 month high of $50.95.

JPMorgan Inflation Managed Bond ETF 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.