JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) Short Interest Update

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2,486 shares, a decrease of 17.5% from the January 15th total of 3,012 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 8,510 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 8,510 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s shares are sold short.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Up 0.3%

BBCB opened at $46.28 on Tuesday. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a one year low of $43.49 and a one year high of $46.72. The business has a 50 day simple moving average of $45.96 and a two-hundred day simple moving average of $46.05.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1792 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.6%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Jmac Enterprises LLC raised its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 0.8% in the 4th quarter. Jmac Enterprises LLC now owns 86,768 shares of the company’s stock worth $3,975,000 after purchasing an additional 657 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 138.5% during the second quarter. Vestmark Advisory Solutions Inc. now owns 65,912 shares of the company’s stock valued at $3,012,000 after buying an additional 38,276 shares during the period. JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 78.8% in the second quarter. JPMorgan Chase & Co. now owns 62,384 shares of the company’s stock worth $2,850,000 after buying an additional 27,503 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 44,765 shares of the company’s stock worth $2,051,000 after buying an additional 4,328 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the third quarter worth about $1,052,000.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.