WFA Asset Management Corp Has $18.14 Million Stock Position in EA Bridgeway Blue Chip ETF $BBLU

WFA Asset Management Corp boosted its stake in shares of EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,207,052 shares of the company’s stock after purchasing an additional 118,148 shares during the quarter. EA Bridgeway Blue Chip ETF comprises 10.0% of WFA Asset Management Corp’s holdings, making the stock its 2nd largest holding. WFA Asset Management Corp owned 5.46% of EA Bridgeway Blue Chip ETF worth $18,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Stephens Inc. AR bought a new position in EA Bridgeway Blue Chip ETF in the second quarter worth about $140,000. Farther Finance Advisors LLC purchased a new position in shares of EA Bridgeway Blue Chip ETF in the 3rd quarter worth approximately $189,000. Midwest Trust Co bought a new position in shares of EA Bridgeway Blue Chip ETF during the 2nd quarter worth approximately $195,000. Jane Street Group LLC purchased a new stake in EA Bridgeway Blue Chip ETF during the first quarter valued at approximately $204,000. Finally, Truist Financial Corp lifted its position in EA Bridgeway Blue Chip ETF by 15.4% during the second quarter. Truist Financial Corp now owns 19,429 shares of the company’s stock valued at $267,000 after acquiring an additional 2,600 shares during the last quarter. Hedge funds and other institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Trading Up 0.3%

NYSEARCA BBLU opened at $15.26 on Friday. The firm’s fifty day simple moving average is $15.30 and its two-hundred day simple moving average is $14.88. The firm has a market capitalization of $364.10 million, a P/E ratio of -46.24 and a beta of 0.92. EA Bridgeway Blue Chip ETF has a 12-month low of $11.01 and a 12-month high of $15.66.

EA Bridgeway Blue Chip ETF Company Profile

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.