MN Wealth Advisors LLC lessened its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY – Free Report) by 15.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,069 shares of the company’s stock after selling 10,595 shares during the quarter. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF makes up about 1.5% of MN Wealth Advisors LLC’s portfolio, making the stock its 16th biggest holding. MN Wealth Advisors LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $2,676,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 61.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,456 shares of the company’s stock worth $495,000 after purchasing an additional 3,985 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 12.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 628,982 shares of the company’s stock worth $29,789,000 after purchasing an additional 69,715 shares during the last quarter. Graypoint LLC boosted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 60.4% during the 3rd quarter. Graypoint LLC now owns 18,669 shares of the company’s stock valued at $884,000 after acquiring an additional 7,032 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter valued at about $43,000. Finally, Lake Street Private Wealth LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 3rd quarter valued at about $211,000.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance
Shares of BBHY stock opened at $46.63 on Friday. The firm’s fifty day moving average price is $46.46 and its 200-day moving average price is $46.64.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend
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.
Recommended Stories
- Five stocks we like better than JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
- High Flyers: 3 Natural Gas Stocks for March 2022
- Roblox’s Big Dip: A Chance to Get in on the Vaunted Gaming Stock?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- What is a Special Dividend?
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
Want to see what other hedge funds are holding BBHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY – Free Report).
Receive News & Ratings for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders USD High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.