Lockerman Financial Group Inc. Sells 19,261 Shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF $BBAG

Lockerman Financial Group Inc. reduced its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 45.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,238 shares of the company’s stock after selling 19,261 shares during the period. JPMorgan BetaBuilders U.S. Aggregate Bond ETF accounts for about 2.1% of Lockerman Financial Group Inc.’s portfolio, making the stock its 11th largest holding. Lockerman Financial Group Inc. owned about 0.09% of JPMorgan BetaBuilders U.S. Aggregate Bond ETF worth $1,079,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 5T Wealth LLC grew its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4.6% in the 3rd quarter. 5T Wealth LLC now owns 10,662 shares of the company’s stock valued at $498,000 after acquiring an additional 469 shares in the last quarter. ACT Advisors LLC. raised its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 1.2% during the third quarter. ACT Advisors LLC. now owns 46,106 shares of the company’s stock worth $2,152,000 after acquiring an additional 525 shares in the last quarter. 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 acquiring an additional 585 shares in the last quarter. Sutton Place Investors LLC boosted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 11.1% during the third quarter. Sutton Place Investors LLC now owns 8,929 shares of the company’s stock valued at $417,000 after purchasing an additional 895 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 11.6% during the third quarter. J.W. Cole Advisors Inc. now owns 8,652 shares of the company’s stock valued at $404,000 after purchasing an additional 902 shares during the last quarter.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

BBAG stock opened at $46.09 on Monday. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a twelve month low of $44.31 and a twelve month high of $47.18. The business has a 50 day moving average price of $46.45 and a two-hundred day moving average price of $46.56.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

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

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

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.