Royal Fund Management LLC Acquires 4,120 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Royal Fund Management LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 96,280 shares of the company’s stock after acquiring an additional 4,120 shares during the period. Royal Fund Management LLC owned 0.40% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $4,447,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc purchased a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter worth about $43,000. LGT Financial Advisors LLC increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% during the third quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock worth $47,000 after acquiring an additional 384 shares during the period. Continuum Advisory LLC raised its stake in shares of 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 valued at $50,000 after acquiring an additional 292 shares in the last quarter. Sound Income Strategies LLC increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3,847.3% during the 3rd quarter. Sound Income Strategies LLC now owns 3,592 shares of the company’s stock worth $170,000 after purchasing an additional 3,501 shares during the period. Finally, Lake Street Private Wealth LLC bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 3rd quarter valued at $211,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BBHY opened at $46.52 on Tuesday. The stock’s 50-day moving average price is $46.54 and its two-hundred day moving average price is $46.58.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company 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.