MN Wealth Advisors LLC Has $3.25 Million Stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

MN Wealth Advisors LLC raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,664 shares of the company’s stock after acquiring an additional 1,059 shares during the period. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF comprises about 1.9% of MN Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest holding. MN Wealth Advisors LLC owned about 0.28% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $3,252,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 58.7% in the second quarter. LPL Financial LLC now owns 1,469,225 shares of the company’s stock valued at $67,202,000 after purchasing an additional 543,660 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 81.1% in the second quarter. Envestnet Asset Management Inc. now owns 638,907 shares of the company’s stock valued at $29,224,000 after purchasing an additional 286,155 shares in the last quarter. Great Valley Advisor Group Inc. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 6.5% in the second quarter. Great Valley Advisor Group Inc. now owns 474,988 shares of the company’s stock valued at $21,726,000 after purchasing an additional 28,813 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 32.7% in the first quarter. Janney Montgomery Scott LLC now owns 313,257 shares of the company’s stock valued at $14,469,000 after purchasing an additional 77,106 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 67.2% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 308,536 shares of the company’s stock valued at $14,112,000 after purchasing an additional 124,022 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock opened at $46.87 on Wednesday. The firm has a 50 day moving average price of $46.80 and a 200-day moving average price of $46.12.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.3131 dividend. This is a positive change from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.28. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.