Brown Financial Advisors Has $2.78 Million Stock Position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF $BBBS

Brown Financial Advisors reduced its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 26.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,449 shares of the company’s stock after selling 19,126 shares during the period. Brown Financial Advisors’ holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF were worth $2,779,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Tanager Wealth Management LLP raised its stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 178.7% during the 2nd quarter. Tanager Wealth Management LLP now owns 570,525 shares of the company’s stock valued at $29,122,000 after purchasing an additional 365,797 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the fourth quarter worth $15,824,000. Lido Advisors LLC acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the first quarter worth $6,626,000. Royal Bank of Canada purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the first quarter valued at $5,654,000. Finally, Jane Street Group LLC grew its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 199.3% during the second quarter. Jane Street Group LLC now owns 125,584 shares of the company’s stock valued at $6,455,000 after buying an additional 83,625 shares in the last quarter.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Price Performance

NYSEARCA:BBBS opened at $50.50 on Monday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 1-year low of $50.41 and a 1-year high of $51.83. The business’s fifty day moving average price is $50.76 and its 200 day moving average price is $51.01.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Profile

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.