Northbridge Financial Group LLC Buys New Holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF $BBAG

Northbridge Financial Group LLC bought a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 13,904 shares of the company’s stock, valued at approximately $645,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wealth Alliance Advisory Group LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 7.6% in the 4th quarter. Wealth Alliance Advisory Group LLC now owns 281,948 shares of the company’s stock valued at $13,088,000 after buying an additional 19,949 shares in the last quarter. Heck Capital Advisors LLC increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 13.0% in the 4th quarter. Heck Capital Advisors LLC now owns 216,473 shares of the company’s stock valued at $10,067,000 after buying an additional 24,953 shares in the last quarter. Envestnet Asset Management Inc. increased its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,641,731 shares of the company’s stock valued at $76,620,000 after buying an additional 43,992 shares in the last quarter. Triad Wealth Partners LLC increased its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 28.6% during the 4th quarter. Triad Wealth Partners LLC now owns 58,205 shares of the company’s stock valued at $2,702,000 after purchasing an additional 12,955 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,928,102 shares of the company’s stock valued at $229,995,000 after purchasing an additional 97,648 shares in the last quarter.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Performance

Shares of BBAG stock opened at $45.34 on Wednesday. The firm has a fifty day simple moving average of $46.06 and a two-hundred day simple moving average of $46.41. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 12 month low of $45.03 and a 12 month high of $47.18.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Profile

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.