MN Wealth Advisors LLC Trims Position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY)

MN Wealth Advisors LLC cut its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 15.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 58,069 shares of the company’s stock after selling 10,595 shares during the quarter. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF accounts for about 1.5% of MN Wealth Advisors LLC’s portfolio, making the stock its 16th largest holding. MN Wealth Advisors LLC owned about 0.24% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $2,676,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Missouri Trust & Investment Co purchased a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $29,000. AdvisorNet Financial Inc purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter valued at approximately $43,000. LGT Financial Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 62.3% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,000 shares of the company’s stock valued at $47,000 after purchasing an additional 384 shares in the last quarter. Continuum Advisory LLC increased its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 37.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,065 shares of the company’s stock valued at $50,000 after purchasing an additional 292 shares in the last quarter. Finally, Lake Street Private Wealth LLC purchased a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $211,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Up 1.3 %

BATS:BBHY opened at $46.63 on Friday. The company’s fifty day moving average price is $46.46 and its 200 day moving average price is $46.64.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2496 per share. The ex-dividend date of this dividend was Monday, February 3rd.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

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.