JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. trimmed its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 45.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 295,973 shares of the company’s stock after selling 245,183 shares during the period. Vestmark Advisory Solutions Inc. owned approximately 3.01% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $13,911,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Acorn Wealth Advisors LLC lifted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.4% during the second quarter. Acorn Wealth Advisors LLC now owns 7,091 shares of the company’s stock valued at $331,000 after purchasing an additional 234 shares during the period. Capital Investment Advisory Services LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 33.9% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,366 shares of the company’s stock valued at $64,000 after buying an additional 346 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 13.7% in the 3rd quarter. Global Retirement Partners LLC now owns 5,148 shares of the company’s stock valued at $242,000 after buying an additional 620 shares during the period. Tripletail Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the third quarter worth about $36,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 147.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,417 shares of the company’s stock worth $66,000 after acquiring an additional 844 shares during the period.

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

Shares of BBHY stock opened at $46.69 on Friday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a twelve month low of $43.49 and a twelve month high of $47.11. The stock has a market cap of $458.96 million, a P/E ratio of 60.43 and a beta of 0.40. The stock has a 50 day moving average of $46.67 and a 200 day moving average of $46.65.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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

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.