D.A. Davidson & CO. Buys 181,775 Shares of EA Bridgeway Blue Chip ETF $BBLU

D.A. Davidson & CO. raised its stake in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) by 293.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 243,788 shares of the company’s stock after purchasing an additional 181,775 shares during the quarter. D.A. Davidson & CO.’s holdings in EA Bridgeway Blue Chip ETF were worth $3,720,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of BBLU. Annex Advisory Services LLC acquired a new position in EA Bridgeway Blue Chip ETF in the fourth quarter valued at about $22,026,000. WFA Asset Management Corp raised its stake in EA Bridgeway Blue Chip ETF by 10.9% in the third quarter. WFA Asset Management Corp now owns 1,207,052 shares of the company’s stock valued at $18,141,000 after purchasing an additional 118,148 shares in the last quarter. Arete Wealth Advisors LLC acquired a new position in EA Bridgeway Blue Chip ETF in the third quarter valued at about $1,398,000. JPMorgan Chase & Co. raised its stake in EA Bridgeway Blue Chip ETF by 48.9% in the third quarter. JPMorgan Chase & Co. now owns 38,540 shares of the company’s stock valued at $579,000 after purchasing an additional 12,651 shares in the last quarter. Finally, Main Street Group LTD raised its stake in EA Bridgeway Blue Chip ETF by 548.7% during the third quarter. Main Street Group LTD now owns 10,075 shares of the company’s stock worth $151,000 after acquiring an additional 8,522 shares in the last quarter. 2.80% of the stock is currently owned by institutional investors.

EA Bridgeway Blue Chip ETF Trading Up 1.3%

Shares of NYSEARCA BBLU opened at $15.94 on Friday. The company has a market cap of $399.46 million, a price-to-earnings ratio of -48.30 and a beta of 0.91. EA Bridgeway Blue Chip ETF has a 12 month low of $12.38 and a 12 month high of $15.95. The stock has a 50-day moving average price of $15.15 and a two-hundred day moving average price of $15.26.

EA Bridgeway Blue Chip ETF Company Profile

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.