5T Wealth LLC Buys New Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

5T Wealth LLC bought a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 37,586 shares of the company’s stock, valued at approximately $1,732,000.

Other large investors have also recently added to or reduced their stakes in the company. Missouri Trust & Investment Co acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter valued at $29,000. Royal Fund Management LLC boosted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 4.5% in the 4th quarter. Royal Fund Management LLC now owns 96,280 shares of the company’s stock worth $4,447,000 after purchasing an additional 4,120 shares during the last quarter. CGN Advisors LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 24.9% during the fourth quarter. CGN Advisors LLC now owns 6,533 shares of the company’s stock worth $301,000 after acquiring an additional 1,304 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.6% during the fourth quarter. Park Avenue Securities LLC now owns 95,358 shares of the company’s stock worth $4,394,000 after acquiring an additional 3,321 shares in the last quarter. Finally, AdvisorNet Financial Inc acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at about $43,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BBHY opened at $46.63 on Monday. The firm has a 50-day moving average price of $46.46 and a 200-day moving average price of $46.64.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2496 per share. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF 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.