JPMorgan BetaBuilders U.S. Aggregate Bond ETF $BBAG Shares Sold by Apella Capital LLC

Apella Capital LLC reduced its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) by 6.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 344,819 shares of the company’s stock after selling 23,932 shares during the period. Apella Capital LLC’s holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF were worth $15,979,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of BBAG. Clearwater Capital Advisors LLC boosted its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 6.3% in the fourth quarter. Clearwater Capital Advisors LLC now owns 1,107,784 shares of the company’s stock valued at $51,423,000 after acquiring an additional 65,989 shares during the period. Jane Street Group LLC bought a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter worth $19,167,000. Wealth Alliance Advisory Group LLC grew its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 7.6% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 281,948 shares of the company’s stock worth $13,088,000 after buying an additional 19,949 shares during the last quarter. Heck Capital Advisors LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 13.0% in the fourth quarter. Heck Capital Advisors LLC now owns 216,473 shares of the company’s stock worth $10,067,000 after buying an additional 24,953 shares during the period. Finally, Tradition Wealth Management LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 5.7% in the fourth quarter. Tradition Wealth Management LLC now owns 211,243 shares of the company’s stock worth $9,806,000 after buying an additional 11,366 shares during the period.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.5%

BBAG stock opened at $46.04 on Thursday. The stock’s fifty day moving average is $45.88 and its two-hundred day moving average is $46.25. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 1 year low of $45.28 and a 1 year high of $47.18.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF 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.