Commonwealth Equity Services LLC Raises Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Commonwealth Equity Services LLC lifted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 27.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,117 shares of the company’s stock after purchasing an additional 1,308 shares during the period. Commonwealth Equity Services LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $280,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. increased its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 91.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,291 shares of the company’s stock worth $60,000 after buying an additional 618 shares in the last quarter. Comerica Bank increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 386.7% in the 1st quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $76,000 after acquiring an additional 1,311 shares in the last quarter. Richardson Financial Services Inc. purchased a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $126,000. Concourse Financial Group Securities Inc. raised its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.1% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 3,447 shares of the company’s stock worth $159,000 after acquiring an additional 453 shares during the period. Finally, CGN Advisors LLC purchased a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the first quarter valued at approximately $205,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BATS BBHY opened at $47.23 on Wednesday. The stock has a 50-day moving average price of $46.56 and a two-hundred day moving average price of $46.02.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF 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.