Private Trust Co. NA Sells 653 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Private Trust Co. NA cut its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 14.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,836 shares of the company’s stock after selling 653 shares during the period. Private Trust Co. NA’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $177,000 at the end of the most recent reporting period.

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

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BATS:BBHY opened at $46.43 on Tuesday. The company has a 50 day moving average price of $46.48 and a 200 day moving average price of $46.69. The company has a market capitalization of $933.24 million, a price-to-earnings ratio of 60.99 and a beta of 0.47.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a $0.2858 dividend. The ex-dividend date is 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 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.