JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Shares Bought by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 93,295 shares of the company’s stock after acquiring an additional 5,904 shares during the quarter. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF comprises about 0.1% of Pinnacle Wealth Planning Services Inc.’s investment portfolio, making the stock its 26th largest holding. Pinnacle Wealth Planning Services Inc. owned about 0.38% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $4,299,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Missouri Trust & Investment Co acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter worth about $29,000. AdvisorNet Financial Inc acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the fourth quarter worth about $43,000. LGT Financial Advisors LLC grew its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock worth $47,000 after purchasing an additional 384 shares during the last quarter. Continuum Advisory LLC increased its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 37.8% in the third quarter. Continuum Advisory LLC now owns 1,065 shares of the company’s stock valued at $50,000 after buying an additional 292 shares in the last quarter. Finally, Global Retirement Partners LLC increased its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 92.1% in the fourth quarter. Global Retirement Partners LLC now owns 3,921 shares of the company’s stock valued at $181,000 after buying an additional 1,880 shares in the last quarter.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

BATS BBHY opened at $46.46 on Thursday. The company has a market capitalization of $933.75 million, a PE ratio of 60.99 and a beta of 0.47. The firm has a 50-day moving average of $46.48 and a two-hundred day moving average of $46.68.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2858 per share. This is a boost from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 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.