Gradient Investments LLC Increases Stock Position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF $BBBS

Gradient Investments LLC boosted its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 11.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 932,204 shares of the company’s stock after acquiring an additional 94,304 shares during the quarter. Gradient Investments LLC owned 0.28% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF worth $47,990,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 24.5% in the first quarter. Jane Street Group LLC now owns 41,959 shares of the company’s stock worth $2,142,000 after purchasing an additional 8,266 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 7.1% in the 2nd quarter. Cetera Investment Advisers now owns 110,684 shares of the company’s stock worth $5,689,000 after purchasing an additional 7,300 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 2nd quarter worth $2,106,000. Orion Porfolio Solutions LLC raised its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 75.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 44,312 shares of the company’s stock worth $2,278,000 after purchasing an additional 19,115 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the second quarter valued at $25,306,000.

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

NYSEARCA:BBBS opened at $50.92 on Monday. The stock has a 50-day simple moving average of $51.49 and a two-hundred day simple moving average of $51.56. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52-week low of $50.02 and a 52-week high of $51.83.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1724 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.