Janney Montgomery Scott LLC Increases Stock Position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG)

Janney Montgomery Scott LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 18.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 674,826 shares of the company’s stock after purchasing an additional 104,104 shares during the period. Janney Montgomery Scott LLC owned 1.88% of JPMorgan BetaBuilders U.S. Aggregate Bond ETF worth $31,933,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LGT Financial Advisors LLC lifted its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 179.9% during the second quarter. LGT Financial Advisors LLC now owns 543 shares of the company’s stock valued at $25,000 after purchasing an additional 349 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 1,358.9% in the second quarter. Strategic Financial Concepts LLC now owns 325,503 shares of the company’s stock valued at $148,000 after buying an additional 303,191 shares during the last quarter. Private Advisor Group LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at about $204,000. Ignite Planners LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the second quarter valued at about $209,000. Finally, CWM LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at about $257,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.5 %

Shares of NYSEARCA BBAG opened at $45.78 on Tuesday. The firm has a 50-day simple moving average of $46.82 and a 200-day simple moving average of $46.06. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 52 week low of $43.91 and a 52 week high of $47.72.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Profile

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity.