Creative Planning Trims Stock Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Creative Planning trimmed its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 37.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,080 shares of the company’s stock after selling 4,290 shares during the period. Creative Planning’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $335,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BBHY. LPL Financial LLC raised its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 58.7% during the 2nd quarter. LPL Financial LLC now owns 1,469,225 shares of the company’s stock worth $67,202,000 after buying an additional 543,660 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 81.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 638,907 shares of the company’s stock worth $29,224,000 after acquiring an additional 286,155 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 67.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 308,536 shares of the company’s stock worth $14,112,000 after acquiring an additional 124,022 shares during the period. Daymark Wealth Partners LLC grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 41.6% during the 2nd quarter. Daymark Wealth Partners LLC now owns 227,576 shares of the company’s stock valued at $10,409,000 after buying an additional 66,903 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 366.9% during the 1st quarter. Cetera Investment Advisers now owns 56,505 shares of the company’s stock valued at $2,610,000 after buying an additional 44,404 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:BBHY opened at $46.91 on Friday. The company’s 50 day moving average is $46.86 and its two-hundred day moving average is $46.27.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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

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.