Park Avenue Securities LLC Decreases Holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF $BBAG

Park Avenue Securities LLC reduced its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 48.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 114,275 shares of the company’s stock after selling 108,543 shares during the quarter. Park Avenue Securities LLC owned approximately 0.46% of JPMorgan BetaBuilders U.S. Aggregate Bond ETF worth $5,305,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. GGM Financials LLC purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter worth approximately $61,000. Advisory Services Network LLC acquired a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at approximately $64,000. Plan Group Financial LLC purchased a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at approximately $223,000. Ignite Planners LLC raised its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 12.3% during the third quarter. Ignite Planners LLC now owns 5,352 shares of the company’s stock worth $250,000 after purchasing an additional 585 shares in the last quarter. Finally, MGO One Seven LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter worth approximately $260,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:BBAG opened at $45.79 on Friday. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a twelve month low of $44.31 and a twelve month high of $47.18. The firm has a 50 day simple moving average of $46.55 and a 200-day simple moving average of $46.61.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1571 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.