Greenwich Wealth Management LLC Takes Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Greenwich Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,826 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BBHY. Missouri Trust & Investment Co acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter worth $29,000. AdvisorNet Financial Inc acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the fourth quarter worth about $43,000. Continuum Advisory LLC raised its stake in 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 worth $50,000 after purchasing an additional 292 shares during the period. Global Retirement Partners LLC boosted its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 92.1% in the 4th quarter. Global Retirement Partners LLC now owns 3,921 shares of the company’s stock valued at $181,000 after purchasing an additional 1,880 shares during the last quarter. Finally, IFP Advisors Inc grew its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 6.4% in the 4th quarter. IFP Advisors Inc now owns 3,999 shares of the company’s stock valued at $184,000 after buying an additional 240 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BBHY stock opened at $46.03 on Monday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a one year low of $44.94 and a one year high of $47.39. The firm has a market cap of $943.51 million, a PE ratio of 59.97 and a beta of 0.49. The firm’s 50 day moving average price is $46.46 and its 200-day moving average price is $46.65.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2858 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.25.

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.