Atria Investments Inc Sells 11,165 Shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Atria Investments Inc trimmed its position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 20.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 44,115 shares of the company’s stock after selling 11,165 shares during the period. Atria Investments Inc’s holdings in iShares BB Rated Corporate Bond ETF were worth $2,089,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of HYBB. Tocqueville Asset Management L.P. bought a new position in shares of iShares BB Rated Corporate Bond ETF in the 1st quarter valued at $398,000. Comerica Bank lifted its stake in shares of iShares BB Rated Corporate Bond ETF by 76.4% in the 1st quarter. Comerica Bank now owns 22,567 shares of the company’s stock valued at $1,044,000 after acquiring an additional 9,775 shares during the last quarter. Cetera Advisors LLC raised its position in iShares BB Rated Corporate Bond ETF by 32.8% during the 1st quarter. Cetera Advisors LLC now owns 9,940 shares of the company’s stock worth $460,000 after purchasing an additional 2,455 shares during the last quarter. HM Payson & Co. bought a new position in iShares BB Rated Corporate Bond ETF during the 1st quarter worth $1,952,000. Finally, Confluence Investment Management LLC raised its position in iShares BB Rated Corporate Bond ETF by 13.9% during the 2nd quarter. Confluence Investment Management LLC now owns 918,439 shares of the company’s stock worth $42,267,000 after purchasing an additional 111,774 shares during the last quarter.

iShares BB Rated Corporate Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:HYBB opened at $46.49 on Friday. The firm has a market cap of $388.19 million, a P/E ratio of 59.99 and a beta of 0.32. iShares BB Rated Corporate Bond ETF has a 12-month low of $44.48 and a 12-month high of $47.42. The business has a fifty day simple moving average of $46.84 and a 200 day simple moving average of $46.43.

About iShares BB Rated Corporate Bond ETF

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.