JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Plans Dividend Increase – $0.29 Per Share

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.2858 per share on Wednesday, March 5th. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from JPMorgan BetaBuilders USD High Yield Corporate Bond ETF’s previous dividend of $0.25.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock traded up $0.80 during trading on Friday, hitting $46.84. 223,931 shares of the company were exchanged. The stock has a fifty day moving average of $46.48 and a 200 day moving average of $46.68. The stock has a market cap of $941.40 million, a PE ratio of 60.99 and a beta of 0.47.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield 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.