Envestnet Asset Management Inc. Acquires 286,155 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 81.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 638,907 shares of the company’s stock after acquiring an additional 286,155 shares during the period. Envestnet Asset Management Inc. owned approximately 2.63% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $29,224,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CGN Advisors LLC bought a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the first quarter worth about $205,000. Vawter Financial Ltd. increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 86.0% during the fourth quarter. Vawter Financial Ltd. now owns 29,655 shares of the company’s stock worth $1,362,000 after acquiring an additional 13,714 shares in the last quarter. Richardson Financial Services Inc. bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter worth about $126,000. Concourse Financial Group Securities Inc. grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.1% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 3,447 shares of the company’s stock worth $159,000 after purchasing an additional 453 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 8.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,486 shares of the company’s stock worth $249,000 after purchasing an additional 449 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BBHY stock opened at $47.27 on Friday. The stock has a 50-day moving average price of $46.52 and a 200-day moving average price of $46.00.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.3131 dividend. This is an increase from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, September 3rd.

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.