Vestmark Advisory Solutions Inc. Has $25.24 Million Holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF $BBHY

Vestmark Advisory Solutions Inc. lowered its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 541,156 shares of the company’s stock after selling 23,657 shares during the quarter. Vestmark Advisory Solutions Inc. owned about 0.06% of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF worth $25,240,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BBHY. Jones Financial Companies Lllp purchased a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 1st quarter valued at $109,000. Acorn Financial Advisory Services Inc. ADV purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 2nd quarter valued at $211,000. IFP Advisors Inc boosted its holdings in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 18.9% in the 2nd quarter. IFP Advisors Inc now owns 4,678 shares of the company’s stock worth $218,000 after buying an additional 743 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the second quarter worth about $218,000. Finally, ORG Partners LLC bought a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the second quarter worth about $232,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Up 2.7%

BBHY opened at $46.33 on Friday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a twelve month low of $43.49 and a twelve month high of $47.39. The company’s 50-day moving average price is $46.75 and its two-hundred day moving average price is $46.35. The stock has a market cap of $455.42 million, a price-to-earnings ratio of 60.43 and a beta of 0.40.

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.