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

Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 12.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 628,982 shares of the company’s stock after buying an additional 69,715 shares during the period. Janney Montgomery Scott LLC owned about 2.59% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $29,789,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BBHY. Concourse Financial Group Securities Inc. increased its stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 15.1% during the 1st 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. Whittier Trust Co. of Nevada Inc. increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 91.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,291 shares of the company’s stock valued at $60,000 after purchasing an additional 618 shares during the last quarter. TFB Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at approximately $229,000. Envestnet Portfolio Solutions Inc. increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 30.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 10,168 shares of the company’s stock valued at $470,000 after purchasing an additional 2,355 shares during the last quarter. Finally, PFG Advisors increased its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 8.9% in the 1st quarter. PFG Advisors now owns 39,950 shares of the company’s stock valued at $1,845,000 after purchasing an additional 3,252 shares during the last quarter.

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

Shares of BATS:BBHY opened at $46.43 on Tuesday. The firm has a 50 day moving average price of $46.87 and a 200 day moving average price of $46.24.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

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

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.