JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 61.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,456 shares of the company’s stock after purchasing an additional 3,985 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $495,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBHY. LPL Financial LLC raised its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 58.7% in the 2nd quarter. LPL Financial LLC now owns 1,469,225 shares of the company’s stock valued at $67,202,000 after purchasing an additional 543,660 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 81.1% in the second quarter. Envestnet Asset Management Inc. now owns 638,907 shares of the company’s stock valued at $29,224,000 after acquiring an additional 286,155 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 6.5% in the second quarter. Great Valley Advisor Group Inc. now owns 474,988 shares of the company’s stock valued at $21,726,000 after acquiring an additional 28,813 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 67.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 308,536 shares of the company’s stock valued at $14,112,000 after acquiring an additional 124,022 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 7.3% during the 3rd quarter. Daymark Wealth Partners LLC now owns 244,235 shares of the company’s stock worth $11,567,000 after acquiring an additional 16,659 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $46.91 on Friday. The company has a fifty day moving average price of $46.86 and a 200-day moving average price of $46.27.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.3131 dividend. 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.

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.