JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Volume Increase – What’s Next?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAGGet Free Report) shares saw strong trading volume on Wednesday . 622,349 shares traded hands during mid-day trading, an increase of 832% from the previous session’s volume of 66,799 shares.The stock last traded at $46.05 and had previously closed at $46.16.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

The firm’s 50 day moving average is $46.46 and its 200-day moving average is $46.57.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Cuts Dividend

The firm 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BBAG. Fairway Wealth LLC purchased a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the fourth quarter worth about $34,000. Larson Financial Group LLC purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at about $46,000. Cary Street Partners Financial LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter valued at about $53,000. GGM Financials LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter valued at about $61,000. Finally, Advisory Services Network LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter worth about $64,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for JPMorgan BetaBuilders U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.