Independent Wealth Network Inc. Buys Shares of 19,612 JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF $BBCB

Independent Wealth Network Inc. purchased a new position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,612 shares of the company’s stock, valued at approximately $889,000. Independent Wealth Network Inc. owned approximately 2.00% of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the stock. Cetera Investment Advisers boosted its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 6.3% during the second quarter. Cetera Investment Advisers now owns 5,539 shares of the company’s stock valued at $253,000 after acquiring an additional 326 shares during the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 78.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 62,384 shares of the company’s stock valued at $2,850,000 after purchasing an additional 27,503 shares during the last quarter. Raymond James Financial Inc. purchased a new position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the 2nd quarter valued at about $84,000. Bank of America Corp DE lifted its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 46.5% in the 2nd quarter. Bank of America Corp DE now owns 8,565 shares of the company’s stock valued at $391,000 after purchasing an additional 2,720 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 4.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,911 shares of the company’s stock worth $459,000 after purchasing an additional 410 shares during the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Trading Up 0.1%

Shares of NYSEARCA BBCB opened at $45.45 on Friday. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 12 month low of $44.64 and a 12 month high of $46.72. The company has a 50-day simple moving average of $45.27 and a 200-day simple moving average of $45.61.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

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. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.