Stocks
JPMorgan Stake Boosted as New Mexico Educational Retirement Board Raises Holding
New Mexico Educational Retirement Board has increased its stake in JPMorgan Chase & Co. (NYSE:JPM) by 5.8% during the second quarter, according to the company's most recent filing with the Securities and Exchange Commission.
The institutional investor owned 134,050 shares of the financial services provider's stock after purchasing an additional 7,400 shares during the period. JPMorgan Chase & Co. comprises approximately 1.1% of New Mexico Educational Retirement Board's investment portfolio, making the stock its 14th largest holding.
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be paid a $1.65 dividend.