Dynamic Advisor Solutions LLC Has $1.14 Million Holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Dynamic Advisor Solutions LLC trimmed its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 90.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 24,908 shares of the company’s stock after selling 226,277 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $1,139,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Great Valley Advisor Group Inc. increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.3% during the fourth quarter. Great Valley Advisor Group Inc. now owns 435,203 shares of the company’s stock worth $19,982,000 after buying an additional 14,034 shares during the period. Janney Montgomery Scott LLC increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 32.7% during the first quarter. Janney Montgomery Scott LLC now owns 313,257 shares of the company’s stock worth $14,469,000 after buying an additional 77,106 shares during the last quarter. Assetmark Inc. increased its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 50.8% in the fourth quarter. Assetmark Inc. now owns 261,543 shares of the company’s stock worth $12,009,000 after purchasing an additional 88,152 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 44.4% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 212,866 shares of the company’s stock worth $9,774,000 after purchasing an additional 65,426 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 8.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 184,514 shares of the company’s stock worth $8,523,000 after purchasing an additional 14,322 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock traded down $0.02 during mid-day trading on Tuesday, hitting $46.08. 584,546 shares of the company traded hands. The business’s 50 day moving average price is $45.93 and its two-hundred day moving average price is $45.80.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a dividend of $0.2801 per share. The ex-dividend date was Monday, July 1st.

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.