JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Volume Increase – Here’s Why

Shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw an uptick in trading volume on Monday . 311,141 shares were traded during mid-day trading, an increase of 393% from the previous session’s volume of 63,139 shares.The stock last traded at $45.97 and had previously closed at $45.79.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Up 0.4%

The company’s fifty day simple moving average is $46.53 and its two-hundred day simple moving average is $46.61.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1571 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 8.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,161 shares of the company’s stock worth $193,000 after acquiring an additional 324 shares in the last quarter. Avestar Capital LLC lifted its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4.5% during the 4th quarter. Avestar Capital LLC now owns 9,855 shares of the company’s stock valued at $457,000 after purchasing an additional 427 shares in the last quarter. 5T Wealth LLC grew its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 4.6% in the 3rd quarter. 5T Wealth LLC now owns 10,662 shares of the company’s stock valued at $498,000 after purchasing an additional 469 shares during the period. ACT Advisors LLC. grew its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 1.2% in the 3rd quarter. ACT Advisors LLC. now owns 46,106 shares of the company’s stock valued at $2,152,000 after purchasing an additional 525 shares during the period. Finally, Ignite Planners LLC increased its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 12.3% during the 3rd quarter. Ignite Planners LLC now owns 5,352 shares of the company’s stock worth $250,000 after purchasing an additional 585 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.