Stratos Investment Management LLC Makes New Investment in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Stratos Investment Management LLC bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 21,402 shares of the company’s stock, valued at approximately $840,000. Stratos Investment Management LLC owned 0.33% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter worth approximately $73,000. Jane Street Group LLC acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 1st quarter worth $3,883,000. RFG Advisory LLC bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 2nd quarter valued at $855,000. Strait & Sound Wealth Management LLC lifted its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 15.3% in the 2nd quarter. Strait & Sound Wealth Management LLC now owns 92,785 shares of the company’s stock valued at $3,602,000 after purchasing an additional 12,287 shares during the period. Finally, Fullcircle Wealth LLC boosted its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 2.1% in the 2nd quarter. Fullcircle Wealth LLC now owns 28,935 shares of the company’s stock worth $1,113,000 after purchasing an additional 585 shares during the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Down 0.0%

Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF stock opened at $37.60 on Thursday. The business has a fifty day simple moving average of $38.14 and a 200 day simple moving average of $38.48. The stock has a market cap of $319.60 million, a PE ratio of 4.02 and a beta of 0.52. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12 month low of $33.91 and a 12 month high of $39.62.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.2481 per share. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date was Monday, February 2nd.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Profile

The BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of CCC (or its equivalent), based on an average of three main credit rating providers. XCCC was launched on May 24, 2022 and is managed by BondBloxx.