Dynamic Advisor Solutions LLC Decreases Stake in JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF

Dynamic Advisor Solutions LLC has recently announced a reduction in its investment in the JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BATS:BBSA – Free Report). During the third quarter, the firm decreased its stake by 5.7%, as confirmed in its latest 13F filing with the Securities and Exchange Commission (SEC). Following the reduction, Dynamic Advisor Solutions LLC now holds 8,341 shares of the ETF after selling 507 shares during this period. At the end of the recent quarter, the fund controlled approximately 2.78% of the total shares, with holdings valued at about $406,000.

In addition to Dynamic Advisor Solutions LLC, other significant investors have also adjusted their positions in the JPMorgan BetaBuilders ETF. For instance, Daymark Wealth Partners LLC increased its holdings by 19.6% in the second quarter, now owning 54,880 shares valued at $2,607,000 after acquiring 8,994 additional shares. Hudock Inc. made a new investment in the ETF during the same quarter, valued at $586,000. Furthermore, Your Advocates Ltd. LLP raised its position by 11.6% during the second quarter, now holding 2,147 shares valued at approximately $101,000 after purchasing an additional 224 shares.

Performance of JPMorgan BetaBuilders ETF

As of a recent trading day, shares of the JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF opened at $48.25. The ETF's fifty-day moving average price is noted as $48.48, while the 200-day moving average price stands at $47.78, showing a slight increase in value.

Dividend Announcement

The JPMorgan BetaBuilders ETF also announced a dividend which was distributed on Thursday, September 5th. Shareholders who held shares as of Tuesday, September 3rd received a dividend of $0.1523 per share. This payout is an increase from the previous dividend of $0.15, indicating a positive growth trend for the ETF's distributions.

About JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF

The JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) is a type of exchange-traded fund focused on making investments primarily in investment-grade fixed income instruments. The ETF tracks a market-value-weighted index comprising US investment-grade bonds with maturities ranging from one to five years. BBSA was founded on March 12, 2019, and is under the management of JPMorgan Chase.

Further Information

To explore more about the current holdings by other hedge funds in the JPMorgan BetaBuilders ETF, investors can access the latest 13F filings and insider trading activities through various financial news platforms.

Investment, ETF, Stake