Raymond James & Associates Purchases 1,995 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Raymond James & Associates lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 16.5% in the fourth quarter, HoldingsChannel reports. The fund owned 14,068 shares of the company’s stock after buying an additional 1,995 shares during the period. Raymond James & Associates’ holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $646,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter worth $26,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the fourth quarter worth $31,000. Gradient Investments LLC acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter worth $55,000. Private Trust Co. NA acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter worth $120,000. Finally, Concourse Financial Group Securities Inc. grew its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 445.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 2,729 shares of the company’s stock worth $120,000 after purchasing an additional 2,229 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Down 0.2 %

Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $45.43 on Thursday. The business’s 50 day moving average is $45.74 and its two-hundred day moving average is $45.22.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2571 per share. The ex-dividend date of this dividend was Monday, April 1st.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Profile

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months.