Royal Fund Management LLC Purchases 575 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Royal Fund Management LLC lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,238 shares of the company’s stock after purchasing an additional 575 shares during the period. Royal Fund Management LLC owned 0.83% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $3,271,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $31,000. Gradient Investments LLC bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter worth $55,000. Global Retirement Partners LLC boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 162.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,606 shares of the company’s stock worth $74,000 after purchasing an additional 995 shares during the last quarter. Concourse Financial Group Securities Inc. grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 445.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 2,729 shares of the company’s stock valued at $120,000 after purchasing an additional 2,229 shares during the period. Finally, Private Trust Co. NA increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.8% during the 4th quarter. Private Trust Co. NA now owns 3,174 shares of the company’s stock valued at $146,000 after purchasing an additional 434 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BATS BBHY traded up $0.18 during mid-day trading on Friday, reaching $45.70. 94,622 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $45.70 and a 200-day moving average price of $45.31.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.2571 dividend. The ex-dividend date was Monday, April 1st.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company 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.