Sound Income Strategies LLC Increases Stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Sound Income Strategies LLC raised its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 61.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 101,581 shares of the company’s stock after purchasing an additional 38,495 shares during the quarter. Sound Income Strategies LLC’s holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF were worth $3,923,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in XCCC. Ameritas Advisory Services LLC purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 2nd quarter worth approximately $49,000. Nemes Rush Group LLC bought a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 2nd quarter worth about $54,000. Bank of America Corp DE purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter worth about $73,000. Dynamic Advisor Solutions LLC lifted its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.8% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 6,468 shares of the company’s stock valued at $254,000 after acquiring an additional 525 shares during the period. Finally, WT Wealth Management lifted its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.3% during the 2nd quarter. WT Wealth Management now owns 7,019 shares of the company’s stock valued at $272,000 after acquiring an additional 537 shares during the period.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Down 0.1%

XCCC opened at $38.22 on Friday. The firm has a 50 day moving average price of $38.33 and a 200-day moving average price of $38.57. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a twelve month low of $33.91 and a twelve month high of $39.90. The stock has a market capitalization of $250.34 million, a price-to-earnings ratio of 4.02 and a beta of 0.52.

About BondBloxx CCC Rated USD High Yield Corporate Bond ETF

The BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) 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 CCC (or its equivalent), based on an average of three main credit rating providers. XCCC was launched on May 24, 2022 and is managed by BondBloxx.