Acorn Wealth Advisors LLC Has $316,000 Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Acorn Wealth Advisors LLC lessened its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 24.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,864 shares of the company’s stock after selling 2,186 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $316,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 21.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,651,543 shares of the company’s stock valued at $693,897,000 after acquiring an additional 2,589,512 shares during the period. Bank of Montreal Can acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the third quarter valued at approximately $20,392,000. Jane Street Group LLC increased its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 245.1% during the third quarter. Jane Street Group LLC now owns 395,535 shares of the company’s stock worth $18,733,000 after purchasing an additional 280,936 shares during the period. Janney Montgomery Scott LLC lifted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 12.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 628,982 shares of the company’s stock worth $29,789,000 after purchasing an additional 69,715 shares during the last quarter. Finally, 5T Wealth LLC bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at $1,732,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 1.3 %

Shares of BATS BBHY opened at $46.64 on Tuesday. The firm has a 50 day moving average price of $46.44 and a two-hundred day moving average price of $46.67.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2496 dividend. The ex-dividend date was Monday, February 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.