JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Hits New 1-Year High – What’s Next?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $47.11 and last traded at $47.08, with a volume of 4383 shares changing hands. The stock had previously closed at $47.00.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.3%

The firm has a 50-day moving average price of $46.59 and a two-hundred day moving average price of $46.59.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.158 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of JPMorgan BetaBuilders U.S. Aggregate Bond ETF

A number of institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC boosted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 19.3% during the first quarter. Integrated Wealth Concepts LLC now owns 12,091 shares of the company’s stock worth $558,000 after purchasing an additional 1,954 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 1st quarter worth about $916,000. Atria Investments Inc lifted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.4% during the 2nd quarter. Atria Investments Inc now owns 6,427 shares of the company’s stock worth $297,000 after buying an additional 384 shares in the last quarter. Bailard Inc. boosted its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.3% during the 2nd quarter. Bailard Inc. now owns 46,961 shares of the company’s stock worth $2,168,000 after buying an additional 2,791 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 38.5% in the 2nd quarter. Cetera Investment Advisers now owns 378,289 shares of the company’s stock valued at $17,466,000 after acquiring an additional 105,084 shares in the last quarter.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.