Vestmark Advisory Solutions Inc. Lowers Position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF $BBCB

Vestmark Advisory Solutions Inc. decreased its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) by 39.0% in the third quarter, Holdings Channel.com reports. The fund owned 40,210 shares of the company’s stock after selling 25,702 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF were worth $1,860,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of BBCB. Jmac Enterprises LLC grew its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 2.0% during the third quarter. Jmac Enterprises LLC now owns 86,111 shares of the company’s stock valued at $3,984,000 after purchasing an additional 1,679 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of 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. Lion Street Advisors LLC boosted its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 30.1% during the third quarter. Lion Street Advisors LLC now owns 16,191 shares of the company’s stock valued at $749,000 after buying an additional 3,745 shares during the last quarter. Midwestern Financial LLC IA purchased a new position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the 2nd quarter valued at approximately $615,000. Finally, CreativeOne Wealth LLC grew its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 2.4% during the 2nd quarter. CreativeOne Wealth LLC now owns 10,072 shares of the company’s stock valued at $460,000 after buying an additional 240 shares in the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Down 0.1%

Shares of BBCB opened at $46.29 on Wednesday. The business’s 50 day simple moving average is $46.01 and its 200-day simple moving average is $46.07. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 1 year low of $43.49 and a 1 year high of $46.72.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Cuts Dividend

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

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.