Baer Investment Advisory LLC Purchases Shares of 24,903 BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Baer Investment Advisory LLC acquired a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) in the first quarter, HoldingsChannel.com reports. The firm acquired 24,903 shares of the company’s stock, valued at approximately $906,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Advocates LLC increased its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 97.8% in the fourth quarter. Strategic Advocates LLC now owns 886 shares of the company’s stock valued at $34,000 after purchasing an additional 438 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 4th quarter worth about $73,000. Global Retirement Partners LLC boosted its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 33.4% during the 4th quarter. Global Retirement Partners LLC now owns 3,126 shares of the company’s stock worth $119,000 after buying an additional 782 shares during the period. Integrated Wealth Concepts LLC acquired a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 3rd quarter valued at about $206,000. Finally, Dynamic Advisor Solutions LLC grew its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 15.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,464 shares of the company’s stock valued at $284,000 after buying an additional 996 shares during the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Price Performance

BondBloxx CCC Rated USD High Yield Corporate Bond ETF stock opened at $36.37 on Friday. The stock has a market cap of $317.51 million, a P/E ratio of 4.02 and a beta of 0.48. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a twelve month low of $35.86 and a twelve month high of $39.35. The company’s 50-day moving average price is $36.74 and its two-hundred day moving average price is $37.16.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Company Profile

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.