261,997 Shares in BondBloxx BB Rated USD High Yield Corporate Bond ETF $XBB Acquired by Lido Advisors LLC

Lido Advisors LLC bought a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) during the third quarter, HoldingsChannel reports. The firm bought 261,997 shares of the company’s stock, valued at approximately $10,353,000.

Several other hedge funds also recently made changes to their positions in XBB. Partners Wealth Management LLC bought a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $737,000. Atwood & Palmer Inc. acquired a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF during the 3rd quarter valued at approximately $20,683,000. IFP Advisors Inc lifted its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 10.1% during the second 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 during the last quarter. Envestnet Asset Management Inc. lifted its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 56.6% during the second quarter. Envestnet Asset Management Inc. now owns 21,148 shares of the company’s stock worth $867,000 after purchasing an additional 7,640 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in 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 worth $893,000 after purchasing an additional 260 shares during the last quarter.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Price Performance

BondBloxx BB Rated USD High Yield Corporate Bond ETF stock opened at $39.85 on Thursday. The company has a market cap of $565.87 million, a PE ratio of 59.99 and a beta of 0.39. The company has a fifty day moving average price of $39.86 and a two-hundred day moving average price of $40.63. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 12 month low of $39.11 and a 12 month high of $41.61.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Company 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.