Exchange Capital Management Inc. Takes $3.18 Million Position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS)

Exchange Capital Management Inc. bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) in the fourth quarter, Holdings Channel reports. The firm bought 63,000 shares of the company’s stock, valued at approximately $3,182,000. Exchange Capital Management Inc. owned approximately 1.26% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of BBBS. Global Retirement Partners LLC increased its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 59.6% in the fourth quarter. Global Retirement Partners LLC now owns 576 shares of the company’s stock valued at $29,000 after acquiring an additional 215 shares during the period. Brown Financial Advisors lifted its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 5.3% during the third quarter. Brown Financial Advisors now owns 78,393 shares of the company’s stock worth $4,037,000 after purchasing an additional 3,914 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the third quarter worth approximately $1,498,000. Diversified Portfolios Inc. acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter valued at approximately $401,000. Finally, Fullcircle Wealth LLC acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter valued at approximately $775,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:BBBS opened at $50.84 on Tuesday. The company has a 50 day moving average price of $50.60 and a two-hundred day moving average price of $50.88. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52 week low of $49.53 and a 52 week high of $51.87.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

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.