LPL Financial LLC Sells 31,212 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

LPL Financial LLC lowered its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,449,392 shares of the company’s stock after selling 31,212 shares during the quarter. LPL Financial LLC owned 0.06% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $66,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,651,543 shares of the company’s stock worth $693,897,000 after buying an additional 2,589,512 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 5.4% in the fourth quarter. HighTower Advisors LLC now owns 467,260 shares of the company’s stock worth $21,531,000 after acquiring an additional 23,902 shares during the period. Jane Street Group LLC raised its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 245.1% during the third quarter. Jane Street Group LLC now owns 395,535 shares of the company’s stock valued at $18,733,000 after purchasing an additional 280,936 shares during the last quarter. Bank of Montreal Can bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter valued at approximately $20,392,000. Finally, Royal Fund Management LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 4.5% during the 4th quarter. Royal Fund Management LLC now owns 96,280 shares of the company’s stock valued at $4,447,000 after buying an additional 4,120 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:BBHY opened at $46.18 on Thursday. The stock’s 50-day simple moving average is $46.48 and its two-hundred day simple moving average is $46.63. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 52-week low of $44.94 and a 52-week high of $47.39. The stock has a market capitalization of $946.69 million, a price-to-earnings ratio of 59.97 and a beta of 0.49.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2858 per share. This is a positive change from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 3rd.

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.