Short Interest in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Decreases By 77.8%

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 4,439 shares, a decline of 77.8% from the February 26th total of 19,980 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 64,422 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Institutional investors have recently made changes to their positions in the company. Fairway Wealth LLC bought a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter valued at about $34,000. Larson Financial Group LLC bought a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the fourth quarter worth about $46,000. Cary Street Partners Financial LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter valued at approximately $53,000. GGM Financials LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter valued at approximately $61,000. Finally, Advisory Services Network LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter valued at approximately $64,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Down 0.0%

BBAG traded down $0.01 during trading on Friday, reaching $45.77. The company had a trading volume of 43,976 shares, compared to its average volume of 66,449. The business has a 50 day simple moving average of $46.49 and a 200-day simple moving average of $46.59. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 52 week low of $44.31 and a 52 week high of $47.18.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1571 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.