JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Shares Sold by MML Investors Services LLC

MML Investors Services LLC decreased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 8.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,109 shares of the company’s stock after selling 5,666 shares during the quarter. MML Investors Services LLC owned approximately 0.25% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $2,770,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BBHY. Missouri Trust & Investment Co acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at about $29,000. AdvisorNet Financial Inc acquired a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $43,000. Global Retirement Partners LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 92.1% in the fourth quarter. Global Retirement Partners LLC now owns 3,921 shares of the company’s stock valued at $181,000 after acquiring an additional 1,880 shares during the last quarter. IFP Advisors Inc grew its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 6.4% in the fourth quarter. IFP Advisors Inc now owns 3,999 shares of the company’s stock worth $184,000 after acquiring an additional 240 shares during the period. Finally, CGN Advisors LLC increased its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 24.9% during the fourth quarter. CGN Advisors LLC now owns 6,533 shares of the company’s stock worth $301,000 after acquiring an additional 1,304 shares during the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 1.4 %

Shares of BATS:BBHY opened at $45.75 on Monday. The company has a market capitalization of $470.31 million, a price-to-earnings ratio of 58.71 and a beta of 0.42. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12-month low of $43.49 and a 12-month high of $47.39. The business has a 50-day moving average price of $45.75 and a 200 day moving average price of $46.31.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.2858 per share. This is a positive change 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.