BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,765 shares, a drop of 76.6% from the May 31st total of 24,627 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 24,109 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On BondBloxx BBB Rated 1-5 Year Corporate Bond ETF
A number of hedge funds have recently bought and sold shares of the business. Jane Street Group LLC raised its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 24.5% in the 1st quarter. Jane Street Group LLC now owns 41,959 shares of the company’s stock worth $2,142,000 after purchasing an additional 8,266 shares in the last quarter. Orion Porfolio Solutions LLC grew its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 75.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 44,312 shares of the company’s stock worth $2,278,000 after purchasing an additional 19,115 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 3rd quarter worth approximately $203,000. Diversified Portfolios Inc. grew its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 15.4% during the 3rd quarter. Diversified Portfolios Inc. now owns 35,990 shares of the company’s stock worth $1,861,000 after purchasing an additional 4,799 shares in the last quarter. Finally, Nemes Rush Group LLC bought a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the third quarter worth approximately $131,000.
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Price Performance
BBBS opened at $51.08 on Friday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a fifty-two week low of $50.77 and a fifty-two week high of $51.83. The stock has a fifty day moving average of $51.03 and a 200-day moving average of $51.28.
BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile
The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.
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