Wayfinding Financial LLC Has $690,000 Stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Wayfinding Financial LLC lowered its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,885 shares of the company’s stock after selling 665 shares during the quarter. Wayfinding Financial LLC owned approximately 0.06% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $690,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Greenwich Wealth Management LLC bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $315,000. Envestnet Portfolio Solutions Inc. raised its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 6.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 23,756 shares of the company’s stock valued at $1,095,000 after acquiring an additional 1,348 shares during the period. HighTower Advisors LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 5.4% during the 4th quarter. HighTower Advisors LLC now owns 467,260 shares of the company’s stock valued at $21,531,000 after purchasing an additional 23,902 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 6.8% during the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 93,295 shares of the company’s stock worth $4,299,000 after purchasing an additional 5,904 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter valued at $1,897,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BBHY opened at $46.27 on Friday. The firm has a market capitalization of $948.56 million, a PE ratio of 59.97 and a beta of 0.49. The company’s 50-day moving average is $46.46 and its 200-day moving average is $46.64. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a fifty-two week low of $44.94 and a fifty-two week high of $47.39.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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