D.A. Davidson & CO. Makes New $932,000 Investment in EA Bridgeway Blue Chip ETF $BBLU

D.A. Davidson & CO. acquired a new position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 62,013 shares of the company’s stock, valued at approximately $932,000. D.A. Davidson & CO. owned 0.28% of EA Bridgeway Blue Chip ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. WFA Asset Management Corp grew its holdings in shares of EA Bridgeway Blue Chip ETF by 57.8% during the 2nd quarter. WFA Asset Management Corp now owns 1,088,904 shares of the company’s stock worth $14,977,000 after purchasing an additional 398,944 shares during the period. Cetera Investment Advisers grew its stake in EA Bridgeway Blue Chip ETF by 74.7% during the second quarter. Cetera Investment Advisers now owns 767,499 shares of the company’s stock worth $10,556,000 after buying an additional 328,192 shares during the period. Raymond James Financial Inc. increased its position in shares of EA Bridgeway Blue Chip ETF by 62.4% in the second quarter. Raymond James Financial Inc. now owns 698,470 shares of the company’s stock worth $9,607,000 after acquiring an additional 268,448 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of EA Bridgeway Blue Chip ETF by 92.0% in the 2nd quarter. Osaic Holdings Inc. now owns 341,454 shares of the company’s stock valued at $4,695,000 after acquiring an additional 163,592 shares during the period. Finally, American Trust purchased a new position in shares of EA Bridgeway Blue Chip ETF in the 2nd quarter valued at $602,000. 2.80% of the stock is owned by institutional investors and hedge funds.

EA Bridgeway Blue Chip ETF Trading Up 0.5%

NYSEARCA:BBLU opened at $15.41 on Monday. The firm’s fifty day simple moving average is $15.31 and its 200 day simple moving average is $14.80. EA Bridgeway Blue Chip ETF has a twelve month low of $11.01 and a twelve month high of $15.66. The firm has a market capitalization of $361.83 million, a price-to-earnings ratio of -46.70 and a beta of 0.92.

EA Bridgeway Blue Chip ETF Profile

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.