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

Vestmark Advisory Solutions Inc. cut its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 45.3% during the third quarter, according to its most recent filing with the Securities & 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.’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $13,911,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Tripletail Wealth Management LLC purchased a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter worth approximately $36,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $62,000. Capital Investment Advisory Services LLC lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 33.9% during 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 in the last quarter. Steward Partners Investment Advisory LLC grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 147.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,417 shares of the company’s stock valued at $66,000 after acquiring an additional 844 shares during the period. Finally, SBI Securities Co. Ltd. increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 2,156.9% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,467 shares of the company’s stock worth $69,000 after acquiring an additional 1,402 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BATS:BBHY opened at $46.69 on Friday. The stock has a market capitalization of $458.96 million, a PE ratio of 60.43 and a beta of 0.40. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a fifty-two week low of $43.49 and a fifty-two week high of $47.11. The company has a fifty day moving average of $46.67 and a two-hundred day moving average of $46.65.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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

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.