Lido Advisors LLC increased its position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB – Free Report) by 22.8% in the first quarter, Holdings Channel.com reports. The firm owned 226,571 shares of the company’s stock after purchasing an additional 42,003 shares during the quarter. Lido Advisors LLC’s holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF were worth $9,219,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in XBB. Kestra Advisory Services LLC bought a new stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF in the fourth quarter worth about $181,000. Envestnet Asset Management Inc. purchased a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF during the third quarter valued at approximately $389,000. MML Investors Services LLC grew its stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 6.6% during the fourth quarter. MML Investors Services LLC now owns 10,029 shares of the company’s stock valued at $413,000 after buying an additional 623 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 1.2% during the first quarter. Cetera Investment Advisers now owns 21,953 shares of the company’s stock valued at $893,000 after buying an additional 260 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 126.1% in the first quarter. Jane Street Group LLC now owns 31,367 shares of the company’s stock worth $1,268,000 after buying an additional 17,497 shares during the period.
BondBloxx BB Rated USD High Yield Corporate Bond ETF Stock Performance
Shares of NYSEARCA XBB opened at $40.50 on Friday. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a fifty-two week low of $40.18 and a fifty-two week high of $41.61. The company has a market cap of $530.55 million, a price-to-earnings ratio of 59.99 and a beta of 0.39. The business’s 50 day moving average price is $40.84 and its 200-day moving average price is $40.98.
About BondBloxx BB Rated USD High Yield Corporate Bond ETF
The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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 BB (or its equivalent), based on an average of three main credit rating providers. XBB was launched on May 24, 2022 and is managed by BondBloxx.
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Want to see what other hedge funds are holding XBB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB – Free Report).
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