JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Shares Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 44.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 212,866 shares of the company’s stock after purchasing an additional 65,426 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $9,774,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Royal Fund Management LLC raised its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 0.8% in the 4th quarter. Royal Fund Management LLC now owns 71,238 shares of the company’s stock worth $3,271,000 after buying an additional 575 shares during the period. Great Valley Advisor Group Inc. raised its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.3% in the 4th quarter. Great Valley Advisor Group Inc. now owns 435,203 shares of the company’s stock worth $19,982,000 after purchasing an additional 14,034 shares during the period. Mission Wealth Management LP lifted its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 7.8% in the 4th quarter. Mission Wealth Management LP now owns 69,293 shares of the company’s stock valued at $3,182,000 after purchasing an additional 5,000 shares in the last quarter. Truist Financial Corp purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth about $230,000. Finally, Investment Partners Asset Management Inc. purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth about $2,228,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BATS BBHY traded up $0.18 during mid-day trading on Friday, hitting $45.70. The company’s stock had a trading volume of 94,622 shares. The company has a 50-day moving average price of $45.70 and a two-hundred day moving average price of $45.31.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2571 per share. The ex-dividend date was Monday, April 1st.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Profile

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.