Smith Shellnut Wilson LLC ADV Makes New Investment in EA Bridgeway Blue Chip ETF $BBLU

Smith Shellnut Wilson LLC ADV purchased a new position in EA Bridgeway Blue Chip ETF (NYSEARCA:BBLU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,125 shares of the company’s stock, valued at approximately $789,000. Smith Shellnut Wilson LLC ADV owned 0.17% of EA Bridgeway Blue Chip ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers boosted its stake in EA Bridgeway Blue Chip ETF by 25.2% during the first quarter. Cetera Investment Advisers now owns 1,496,579 shares of the company’s stock valued at $22,090,000 after buying an additional 301,683 shares during the period. Annex Advisory Services LLC bought a new position in EA Bridgeway Blue Chip ETF in the 3rd quarter worth about $21,128,000. D.A. Davidson & CO. increased its stake in EA Bridgeway Blue Chip ETF by 105.1% in the 1st quarter. D.A. Davidson & CO. now owns 499,940 shares of the company’s stock worth $7,379,000 after acquiring an additional 256,152 shares during the last quarter. Ameritas Advisory Services LLC increased its stake in EA Bridgeway Blue Chip ETF by 281.3% in the 2nd quarter. Ameritas Advisory Services LLC now owns 221,668 shares of the company’s stock worth $3,658,000 after acquiring an additional 163,536 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in EA Bridgeway Blue Chip ETF by 14.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 193,212 shares of the company’s stock worth $3,188,000 after acquiring an additional 24,843 shares during the last quarter. Hedge funds and other institutional investors own 2.80% of the company’s stock.

EA Bridgeway Blue Chip ETF Stock Up 0.3%

NYSEARCA:BBLU opened at $17.77 on Thursday. The business’s 50-day moving average price is $17.40 and its two-hundred day moving average price is $16.75. EA Bridgeway Blue Chip ETF has a twelve month low of $14.34 and a twelve month high of $17.79. The stock has a market cap of $489.74 million, a P/E ratio of -53.85 and a beta of 0.90.

EA Bridgeway Blue Chip ETF Company Profile

The Ea Bridgeway Blue Chip ETF (BBLU) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide total return through an actively managed portfolio of US large-cap stocks selected through a model-driven statistical approach with narrow ESG overlay. BBLU was launched on Jul 31, 1997 and is managed by Bridgeway.