Albion Financial Group UT Purchases 1,785 Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

Albion Financial Group UT lifted its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 6.5% during the first quarter, HoldingsChannel reports. The firm owned 29,322 shares of the company’s stock after acquiring an additional 1,785 shares during the quarter. Albion Financial Group UT’s holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF were worth $1,354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC raised its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 162.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,606 shares of the company’s stock worth $74,000 after purchasing an additional 995 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 9.7% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 2,994 shares of the company’s stock valued at $138,000 after buying an additional 265 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 29.6% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 25,091 shares of the company’s stock valued at $1,152,000 after buying an additional 5,734 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 9.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,111,611 shares of the company’s stock valued at $136,537,000 after buying an additional 262,843 shares in the last quarter. Finally, Royal Fund Management LLC grew its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 0.8% in the 4th quarter. Royal Fund Management LLC now owns 71,238 shares of the company’s stock valued at $3,271,000 after buying an additional 575 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

BATS BBHY traded up $0.09 on Wednesday, reaching $45.64. The stock had a trading volume of 190,034 shares. The stock’s fifty day moving average is $45.69 and its two-hundred day moving average is $45.77.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st will be issued a $0.2801 dividend. The ex-dividend date is Monday, July 1st.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

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.