Short Interest in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Increases By 98.3%

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 14,116 shares, a growth of 98.3% from the January 15th total of 7,118 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 61,784 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 61,784 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 19.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 12,091 shares of the company’s stock valued at $558,000 after acquiring an additional 1,954 shares during the period. Goldman Sachs Group Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the first quarter valued at $916,000. IFP Advisors Inc raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 396.4% during the 2nd quarter. IFP Advisors Inc now owns 5,421 shares of the company’s stock worth $250,000 after purchasing an additional 4,329 shares during the last quarter. CWM LLC lifted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 397.7% during the 2nd quarter. CWM LLC now owns 87,882 shares of the company’s stock worth $4,058,000 after buying an additional 70,223 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 32.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 11,082 shares of the company’s stock worth $512,000 after buying an additional 2,714 shares during the period.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of NYSEARCA BBAG traded up $0.14 during mid-day trading on Friday, hitting $46.90. 31,485 shares of the stock traded hands, compared to its average volume of 61,619. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a twelve month low of $44.31 and a twelve month high of $47.11. The firm has a 50 day simple moving average of $46.50 and a two-hundred day simple moving average of $46.52.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.158 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.