Kensington Asset Management LLC cut its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC – Free Report) by 91.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,167 shares of the company’s stock after selling 98,122 shares during the quarter. Kensington Asset Management LLC owned approximately 0.11% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF worth $334,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Bank of America Corp DE purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 4th quarter worth $73,000. Jane Street Group LLC bought a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 1st quarter worth $3,883,000. Invesco Ltd. bought a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 2nd quarter worth $3,882,000. Flow Traders U.S. LLC purchased a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the third quarter valued at $702,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the third quarter valued at about $206,000.
BondBloxx CCC Rated USD High Yield Corporate Bond ETF Price Performance
Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF stock opened at $36.02 on Friday. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 1 year low of $35.82 and a 1 year high of $39.35. The firm’s 50-day moving average is $36.44 and its two-hundred day moving average is $36.87. The stock has a market cap of $272.67 million, a price-to-earnings ratio of 4.02 and a beta of 0.48.
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.
Featured Stories
- Five stocks we like better than BondBloxx CCC Rated USD High Yield Corporate Bond ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding XCCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC – Free Report).
Receive News & Ratings for BondBloxx CCC Rated USD High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BondBloxx CCC Rated USD High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
