Strait & Sound Wealth Management LLC Buys 15,707 Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Strait & Sound Wealth Management LLC lifted its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 14.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 122,674 shares of the company’s stock after buying an additional 15,707 shares during the period. BondBloxx CCC Rated USD High Yield Corporate Bond ETF makes up 1.7% of Strait & Sound Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Strait & Sound Wealth Management LLC’s holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF were worth $4,465,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of XCCC. Potomac Fund Management Inc. ADV raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 13.7% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 1,264,638 shares of the company’s stock valued at $48,088,000 after purchasing an additional 152,613 shares in the last quarter. CacheTech Inc. grew its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 7.3% during the first quarter. CacheTech Inc. now owns 226,306 shares of the company’s stock worth $8,238,000 after buying an additional 15,363 shares in the last quarter. Adams Wealth Management grew its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 4.5% during the fourth quarter. Adams Wealth Management now owns 204,083 shares of the company’s stock worth $7,760,000 after buying an additional 8,736 shares in the last quarter. Jane Street Group LLC acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter worth about $7,544,000. Finally, Sound Income Strategies LLC increased its holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 23.7% in the 1st quarter. Sound Income Strategies LLC now owns 188,325 shares of the company’s stock valued at $6,797,000 after buying an additional 36,123 shares during the period.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Trading Down 0.3%

Shares of NYSEARCA:XCCC opened at $35.86 on Thursday. The firm has a 50 day moving average of $36.47 and a 200-day moving average of $36.89. The stock has a market capitalization of $271.46 million, a PE ratio of 4.02 and a beta of 0.48. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12 month low of $35.82 and a 12 month high of $39.35.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF 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.