JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 9.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,290,150 shares of the company’s stock after purchasing an additional 200,915 shares during the quarter. JPMorgan Chase & Co. owned 23.30% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $107,637,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 2.1% in the third quarter. HighTower Advisors LLC now owns 470,515 shares of the company’s stock worth $22,114,000 after buying an additional 9,551 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 18.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 377,766 shares of the company’s stock worth $17,755,000 after acquiring an additional 57,572 shares in the last quarter. Ocean Park Asset Management LLC grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 109.2% in the 3rd quarter. Ocean Park Asset Management LLC now owns 265,700 shares of the company’s stock worth $12,488,000 after acquiring an additional 138,700 shares during the last quarter. Assetmark Inc. grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.1% in the 3rd quarter. Assetmark Inc. now owns 144,916 shares of the company’s stock worth $6,811,000 after acquiring an additional 4,404 shares during the last quarter. Finally, Royal Fund Management LLC raised its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.6% during the second quarter. Royal Fund Management LLC now owns 103,486 shares of the company’s stock worth $4,827,000 after purchasing an additional 3,609 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Up 0.1%

Shares of BATS BBHY opened at $46.69 on Monday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12 month low of $43.49 and a 12 month high of $47.11. The company has a market cap of $458.96 million, a price-to-earnings ratio of 60.43 and a beta of 0.40. The business has a fifty day simple moving average of $46.67 and a 200-day simple moving average of $46.65.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.27 per share. This is a boost from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend was Monday, February 2nd.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

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. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.