JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Position Boosted by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 17.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,050 shares of the company’s stock after purchasing an additional 1,366 shares during the period. Acorn Wealth Advisors LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $429,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in BBHY. Great Valley Advisor Group Inc. raised its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 2.9% during the third quarter. Great Valley Advisor Group Inc. now owns 488,953 shares of the company’s stock worth $23,157,000 after purchasing an additional 13,965 shares during the period. Vawter Financial Ltd. raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 26.2% during the 3rd quarter. Vawter Financial Ltd. now owns 49,625 shares of the company’s stock worth $2,350,000 after buying an additional 10,310 shares during the period. Sigma Planning Corp purchased a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the third quarter valued at about $403,000. Graypoint LLC boosted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 60.4% in the third quarter. Graypoint LLC now owns 18,669 shares of the company’s stock worth $884,000 after buying an additional 7,032 shares during the period. Finally, LGT Financial Advisors LLC increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% in the third quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock worth $47,000 after acquiring an additional 384 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BBHY stock remained flat at $46.74 during trading hours on Monday. 138,255 shares of the stock were exchanged. The firm has a fifty day moving average of $46.86 and a two-hundred day moving average of $46.36.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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