BondBloxx BB Rated USD High Yield Corporate Bond ETF $XBB Shares Newly Bought by Atwood & Palmer Inc.

Atwood & Palmer Inc. acquired a new stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) in the 3rd quarter, HoldingsChannel reports. The fund acquired 523,438 shares of the company’s stock, valued at approximately $20,683,000.

A number of other hedge funds have also recently modified their holdings of XBB. Potomac Fund Management Inc. ADV grew its holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 16.9% during the fourth quarter. Potomac Fund Management Inc. ADV now owns 1,174,307 shares of the company’s stock worth $48,316,000 after acquiring an additional 169,347 shares during the period. Lido Advisors LLC lifted its holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 22.8% in the first quarter. Lido Advisors LLC now owns 226,571 shares of the company’s stock valued at $9,219,000 after acquiring an additional 42,003 shares during the period. Envestnet Asset Management Inc. lifted its holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 56.6% in the second quarter. Envestnet Asset Management Inc. now owns 21,148 shares of the company’s stock valued at $867,000 after acquiring an additional 7,640 shares during the period. IFP Advisors Inc boosted its position in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 10.1% in the 2nd quarter. IFP Advisors Inc now owns 78,747 shares of the company’s stock worth $3,228,000 after purchasing an additional 7,253 shares in the last quarter. Finally, GK Wealth Management LLC purchased a new stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF in the 2nd quarter worth approximately $284,000.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Stock Up 0.0%

Shares of NYSEARCA XBB traded up $0.01 during midday trading on Thursday, reaching $39.54. 19,812 shares of the stock were exchanged, compared to its average volume of 212,009. The firm has a market cap of $516.79 million, a price-to-earnings ratio of 59.99 and a beta of 0.40. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a twelve month low of $39.11 and a twelve month high of $41.61. The firm has a 50-day simple moving average of $40.36 and a two-hundred day simple moving average of $40.66.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Profile

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.