JPMorgan BetaBuilders U.S. Aggregate Bond ETF $BBAG Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lowered its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 48.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 114,275 shares of the company’s stock after selling 108,543 shares during the period. Park Avenue Securities LLC’s holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF were worth $5,305,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in BBAG. GGM Financials LLC purchased a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the third quarter worth about $61,000. Advisory Services Network LLC purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 3rd quarter valued at about $64,000. Plan Group Financial LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter valued at about $223,000. Ignite Planners LLC increased its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 12.3% during the 3rd quarter. Ignite Planners LLC now owns 5,352 shares of the company’s stock valued at $250,000 after acquiring an additional 585 shares during the last quarter. Finally, MGO One Seven LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter worth about $260,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Price Performance

BBAG opened at $45.79 on Friday. The company’s 50 day simple moving average is $46.55 and its 200 day simple moving average is $46.61. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 1 year low of $44.31 and a 1 year high of $47.18.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1571 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a 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.