LPL Financial LLC boosted its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY – Free Report) by 58.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,469,225 shares of the company’s stock after acquiring an additional 543,660 shares during the period. LPL Financial LLC owned 6.06% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $67,202,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the first quarter valued at about $35,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 91.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,291 shares of the company’s stock worth $60,000 after buying an additional 618 shares during the last quarter. Comerica Bank boosted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 386.7% during the first quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $76,000 after buying an additional 1,311 shares during the last quarter. Richardson Financial Services Inc. bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the fourth quarter worth about $126,000. Finally, Concourse Financial Group Securities Inc. boosted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.1% during the first quarter. Concourse Financial Group Securities Inc. now owns 3,447 shares of the company’s stock worth $159,000 after buying an additional 453 shares during the last quarter.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 0.3 %
Shares of BBHY opened at $46.95 on Friday. The stock’s 50-day moving average is $46.40 and its 200-day moving average is $45.95.
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases 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.
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