WFA Asset Management Corp Makes New $8.06 Million Investment in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU)

WFA Asset Management Corp acquired a new position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 690,401 shares of the company’s stock, valued at approximately $8,057,000. EA Bridgeway Blue Chip ETF accounts for approximately 4.2% of WFA Asset Management Corp’s portfolio, making the stock its 7th largest holding. WFA Asset Management Corp owned about 0.05% of EA Bridgeway Blue Chip ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Trust increased its holdings in EA Bridgeway Blue Chip ETF by 7.1% in the 3rd quarter. American Trust now owns 38,536 shares of the company’s stock valued at $369,000 after buying an additional 2,560 shares during the period. Claro Advisors LLC increased its holdings in EA Bridgeway Blue Chip ETF by 6.4% in the 1st quarter. Claro Advisors LLC now owns 54,726 shares of the company’s stock valued at $639,000 after buying an additional 3,286 shares during the period. Townsend Asset Management Corp NC ADV bought a new stake in shares of EA Bridgeway Blue Chip ETF during the 4th quarter valued at approximately $115,000. Revisor Wealth Management LLC bought a new stake in shares of EA Bridgeway Blue Chip ETF during the 3rd quarter valued at approximately $162,000. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of EA Bridgeway Blue Chip ETF by 24.9% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 193,347 shares of the company’s stock valued at $2,001,000 after purchasing an additional 38,535 shares during the last quarter.

EA Bridgeway Blue Chip ETF Stock Performance

Shares of EA Bridgeway Blue Chip ETF stock traded up $0.05 during midday trading on Wednesday, hitting $12.24. 58,636 shares of the company traded hands, compared to its average volume of 102,773. The stock has a market cap of $168.91 million, a price-to-earnings ratio of 24.56 and a beta of 0.90. The firm’s fifty day moving average price is $11.75 and its 200-day moving average price is $11.27. EA Bridgeway Blue Chip ETF has a 12 month low of $9.22 and a 12 month high of $12.24.

About EA Bridgeway Blue Chip ETF

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.