JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Short Interest Down 77.8% in March

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 4,439 shares, a decrease of 77.8% from the February 26th total of 19,980 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 64,422 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 64,422 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

BBAG traded up $0.18 on Wednesday, reaching $46.06. 22,458 shares of the company’s stock were exchanged, compared to its average volume of 66,054. The stock’s fifty day moving average price is $46.53 and its 200-day moving average price is $46.61. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a twelve month low of $44.31 and a twelve month high of $47.18.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1571 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Kovack Advisors Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at about $1,648,000. Kestra Advisory Services LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter worth about $4,294,000. Elevation Wealth Management LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $499,000. Jane Street Group LLC purchased a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at $19,167,000. Finally, Commonwealth Equity Services LLC increased its stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 11.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 15,696 shares of the company’s stock worth $729,000 after acquiring an additional 1,570 shares during the period.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

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.