Vestmark Advisory Solutions Inc. Sells 28,327 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Vestmark Advisory Solutions Inc. trimmed its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 499,008 shares of the company’s stock after selling 28,327 shares during the quarter. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF makes up approximately 0.8% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 23rd biggest position. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $22,994,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BBHY. Missouri Trust & Investment Co purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $29,000. AdvisorNet Financial Inc purchased a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the fourth quarter valued at $43,000. LGT Financial Advisors LLC lifted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% during the third quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock valued at $47,000 after purchasing an additional 384 shares during the last quarter. Continuum Advisory LLC grew its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 37.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,065 shares of the company’s stock worth $50,000 after buying an additional 292 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 92.1% in the 4th quarter. Global Retirement Partners LLC now owns 3,921 shares of the company’s stock worth $181,000 after buying an additional 1,880 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BATS BBHY opened at $46.46 on Thursday. The firm’s 50-day simple moving average is $46.48 and its 200-day simple moving average is $46.68. The stock has a market cap of $933.75 million, a PE ratio of 60.99 and a beta of 0.47.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2858 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.25.

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.