iShares BB Rated Corporate Bond ETF $HYBB Shares Bought by Mutual Advisors LLC

Mutual Advisors LLC lifted its holdings in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 10.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,666 shares of the company’s stock after buying an additional 1,519 shares during the period. Mutual Advisors LLC’s holdings in iShares BB Rated Corporate Bond ETF were worth $780,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of iShares BB Rated Corporate Bond ETF by 180.6% during the 1st quarter. Cetera Investment Advisers now owns 82,167 shares of the company’s stock worth $3,797,000 after buying an additional 52,886 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of iShares BB Rated Corporate Bond ETF by 30.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 68,861 shares of the company’s stock worth $3,182,000 after buying an additional 16,157 shares in the last quarter. RMR Capital Management LLC raised its stake in shares of iShares BB Rated Corporate Bond ETF by 2.8% during the 2nd quarter. RMR Capital Management LLC now owns 18,121 shares of the company’s stock worth $852,000 after buying an additional 495 shares in the last quarter. Benjamin Edwards Inc. increased its stake in iShares BB Rated Corporate Bond ETF by 2.7% in the 1st quarter. Benjamin Edwards Inc. now owns 1,821,330 shares of the company’s stock valued at $84,164,000 after purchasing an additional 47,649 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its stake in iShares BB Rated Corporate Bond ETF by 1.2% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 218,948 shares of the company’s stock valued at $10,118,000 after purchasing an additional 2,648 shares in the last quarter.

iShares BB Rated Corporate Bond ETF Price Performance

NYSEARCA HYBB opened at $47.04 on Friday. iShares BB Rated Corporate Bond ETF has a 1-year low of $42.72 and a 1-year high of $47.47. The company has a market capitalization of $286.94 million, a P/E ratio of 59.99 and a beta of 0.42. The business has a 50 day moving average price of $47.09 and a 200 day moving average price of $46.51.

iShares BB Rated Corporate Bond ETF Company Profile

The iShares BB Rated Corporate Bond ETF (HYBB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that only includes bonds with a credit rating of BB. HYBB was launched on Oct 6, 2020 and is managed by BlackRock.