JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF $BBCB Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. reduced its holdings in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) by 2.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,159 shares of the company’s stock after selling 948 shares during the period. Freedom Investment Management Inc. owned approximately 4.84% of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF worth $1,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Jmac Enterprises LLC increased its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 7.4% during the 1st quarter. Jmac Enterprises LLC now owns 76,276 shares of the company’s stock valued at $3,465,000 after buying an additional 5,240 shares in the last quarter. LPL Financial LLC increased its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 14.0% during the 1st quarter. LPL Financial LLC now owns 65,685 shares of the company’s stock valued at $2,984,000 after buying an additional 8,079 shares in the last quarter. Jane Street Group LLC increased its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 15.5% during the 4th quarter. Jane Street Group LLC now owns 59,768 shares of the company’s stock valued at $2,674,000 after buying an additional 8,002 shares in the last quarter. Janney Montgomery Scott LLC increased its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 7.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 30,154 shares of the company’s stock valued at $1,370,000 after buying an additional 2,166 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 26.3% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 27,636 shares of the company’s stock valued at $1,255,000 after buying an additional 5,753 shares in the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Price Performance

Shares of BBCB stock opened at $45.85 on Friday. The stock’s 50-day simple moving average is $45.42 and its 200-day simple moving average is $45.11. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a fifty-two week low of $43.49 and a fifty-two week high of $47.24.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Profile

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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.