CacheTech Inc. raised its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC – Free Report) by 7.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 226,306 shares of the company’s stock after purchasing an additional 15,363 shares during the quarter. BondBloxx CCC Rated USD High Yield Corporate Bond ETF accounts for about 1.6% of CacheTech Inc.’s portfolio, making the stock its 19th largest holding. CacheTech Inc.’s holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF were worth $8,238,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Strategic Advocates LLC increased its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 97.8% in the fourth quarter. Strategic Advocates LLC now owns 886 shares of the company’s stock valued at $34,000 after buying an additional 438 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 4th quarter valued at $73,000. Global Retirement Partners LLC boosted its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 33.4% during the 4th quarter. Global Retirement Partners LLC now owns 3,126 shares of the company’s stock worth $119,000 after acquiring an additional 782 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 3rd quarter worth $206,000. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 15.4% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,464 shares of the company’s stock worth $284,000 after acquiring an additional 996 shares in the last quarter.
BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Up 0.2%
Shares of NYSEARCA XCCC opened at $36.15 on Wednesday. The stock’s fifty day simple moving average is $36.56 and its 200 day simple moving average is $36.98. The stock has a market capitalization of $318.84 million, a price-to-earnings ratio of 4.02 and a beta of 0.48. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 52-week low of $35.86 and a 52-week high of $39.35.
BondBloxx CCC Rated USD High Yield Corporate Bond ETF Company 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.
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Want to see what other hedge funds are holding XCCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC – Free Report).
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