JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Short Interest Up 69.8% in February

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 19,980 shares, an increase of 69.8% from the February 12th total of 11,770 shares. Based on an average trading volume of 48,711 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 48,711 shares, the short-interest ratio is currently 0.4 days.

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

A number of hedge funds have recently modified their holdings of BBAG. Integrated Wealth Concepts LLC lifted its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 19.3% during the first quarter. Integrated Wealth Concepts LLC now owns 12,091 shares of the company’s stock worth $558,000 after buying an additional 1,954 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the first quarter valued at approximately $916,000. Atria Investments Inc raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.4% in the second quarter. Atria Investments Inc now owns 6,427 shares of the company’s stock valued at $297,000 after purchasing an additional 384 shares during the period. Bailard Inc. lifted its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.3% during the second quarter. Bailard Inc. now owns 46,961 shares of the company’s stock worth $2,168,000 after purchasing an additional 2,791 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 38.5% during the second quarter. Cetera Investment Advisers now owns 378,289 shares of the company’s stock worth $17,466,000 after buying an additional 105,084 shares during the period.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

BBAG traded down $0.09 on Friday, reaching $46.04. 31,776 shares of the stock were exchanged, compared to its average volume of 59,800. The company’s 50-day moving average price is $46.58 and its 200 day moving average price is $46.61. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a fifty-two week low of $44.31 and a fifty-two week high of $47.18.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.1571 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.