Richardson Financial Services Inc. Increases Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Richardson Financial Services Inc. boosted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 26.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,514 shares of the company’s stock after purchasing an additional 740 shares during the quarter. Richardson Financial Services Inc.’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $161,000 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. raised its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 91.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,291 shares of the company’s stock worth $60,000 after purchasing an additional 618 shares during the last quarter. Comerica Bank lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 386.7% in the first quarter. Comerica Bank now owns 1,650 shares of the company’s stock valued at $76,000 after acquiring an additional 1,311 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.1% in the first quarter. Concourse Financial Group Securities Inc. now owns 3,447 shares of the company’s stock valued at $159,000 after acquiring an additional 453 shares in the last quarter. CGN Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the first quarter worth approximately $205,000. Finally, RDA Financial Network purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the second quarter worth approximately $209,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

BATS BBHY opened at $47.27 on Friday. The company has a 50 day moving average price of $46.50 and a two-hundred day moving average price of $45.99.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a $0.3131 dividend. This is a boost 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.