Janney Montgomery Scott LLC Grows Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Janney Montgomery Scott LLC boosted its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 12.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 628,982 shares of the company’s stock after purchasing an additional 69,715 shares during the quarter. Janney Montgomery Scott LLC’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $29,789,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 91.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,291 shares of the company’s stock worth $60,000 after buying an additional 618 shares during the period. Comerica Bank grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 386.7% during the first quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $76,000 after buying an additional 1,311 shares during the period. Concourse Financial Group Securities Inc. grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.1% during the first quarter. Concourse Financial Group Securities Inc. now owns 3,447 shares of the company’s stock worth $159,000 after buying an additional 453 shares during the period. Richardson Financial Services Inc. grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 26.7% during the second quarter. Richardson Financial Services Inc. now owns 3,514 shares of the company’s stock worth $161,000 after buying an additional 740 shares during the period. Finally, Sound Income Strategies LLC grew its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3,847.3% during the third quarter. Sound Income Strategies LLC now owns 3,592 shares of the company’s stock worth $170,000 after buying an additional 3,501 shares during the period.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Up 0.3 %

BBHY opened at $46.43 on Tuesday. The stock’s 50-day simple moving average is $46.87 and its 200 day simple moving average is $46.24.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3131 per share. This is a boost 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.