Farther Finance Advisors LLC Sells 2,339 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Farther Finance Advisors LLC trimmed its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 22.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 8,027 shares of the company’s stock after selling 2,339 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $370,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in BBHY. JPMorgan Chase & Co. lifted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 21.5% during the third quarter. JPMorgan Chase & Co. now owns 14,651,543 shares of the company’s stock worth $693,897,000 after purchasing an additional 2,589,512 shares during the period. Great Valley Advisor Group Inc. lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 2.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 488,953 shares of the company’s stock worth $23,157,000 after buying an additional 13,965 shares during the period. HighTower Advisors LLC boosted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 5.4% in the 4th quarter. HighTower Advisors LLC now owns 467,260 shares of the company’s stock valued at $21,531,000 after buying an additional 23,902 shares in the last quarter. Jane Street Group LLC grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 245.1% in the third quarter. Jane Street Group LLC now owns 395,535 shares of the company’s stock valued at $18,733,000 after acquiring an additional 280,936 shares during the period. Finally, Bank of Montreal Can acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter worth $20,392,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS BBHY opened at $46.14 on Tuesday. The business has a fifty day moving average of $46.46 and a two-hundred day moving average of $46.65. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 52-week low of $44.94 and a 52-week high of $47.39. The stock has a market cap of $945.85 million, a PE ratio of 59.97 and a beta of 0.49.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2858 per share. This is a boost from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 3rd.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company 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.