19,612 Shares in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF $BBCB Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. bought a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 19,612 shares of the company’s stock, valued at approximately $889,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 6.3% during the second quarter. Cetera Investment Advisers now owns 5,539 shares of the company’s stock valued at $253,000 after acquiring an additional 326 shares during the period. JPMorgan Chase & Co. raised its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 78.8% in the second quarter. JPMorgan Chase & Co. now owns 62,384 shares of the company’s stock valued at $2,850,000 after buying an additional 27,503 shares during the period. Raymond James Financial Inc. acquired a new position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the 2nd quarter valued at $84,000. Bank of America Corp DE boosted its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 46.5% in the second quarter. Bank of America Corp DE now owns 8,565 shares of the company’s stock worth $391,000 after buying an additional 2,720 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 4.3% in the third quarter. Envestnet Asset Management Inc. now owns 9,911 shares of the company’s stock valued at $459,000 after buying an additional 410 shares in the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Trading Up 0.1%

Shares of NYSEARCA:BBCB opened at $45.45 on Friday. The business’s 50-day simple moving average is $45.27 and its 200 day simple moving average is $45.61. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a one year low of $44.64 and a one year high of $46.72.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.