D.A. Davidson & CO. Purchases New Stake in EA Bridgeway Blue Chip ETF $BBLU

D.A. Davidson & CO. purchased a new position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 761,491 shares of the company’s stock, valued at approximately $13,029,000.

Other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC acquired a new position in shares of EA Bridgeway Blue Chip ETF in the 3rd quarter worth $675,000. Citizens Financial Group Inc. RI acquired a new stake in shares of EA Bridgeway Blue Chip ETF during the third quarter worth $724,000. Brookstone Capital Management purchased a new stake in shares of EA Bridgeway Blue Chip ETF during the third quarter valued at $214,000. Smith Shellnut Wilson LLC ADV purchased a new stake in shares of EA Bridgeway Blue Chip ETF during the third quarter valued at $789,000. Finally, Annex Advisory Services LLC acquired a new position in shares of EA Bridgeway Blue Chip ETF in the 3rd quarter valued at $21,128,000. Institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Stock Up 0.4%

NYSEARCA:BBLU opened at $17.86 on Friday. The stock has a fifty day simple moving average of $17.44 and a 200 day simple moving average of $16.32. The firm has a market capitalization of $494.01 million, a price-to-earnings ratio of -54.12 and a beta of 0.90. EA Bridgeway Blue Chip ETF has a 1-year low of $14.34 and a 1-year high of $17.86.

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.