Gradient Investments LLC Makes New $48.35 Million Investment in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF $BBBS

Gradient Investments LLC bought a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 969,777 shares of the company’s stock, valued at approximately $48,353,000. Gradient Investments LLC owned 0.29% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Tanager Wealth Management LLP lifted its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 178.7% in the second quarter. Tanager Wealth Management LLP now owns 570,525 shares of the company’s stock valued at $29,122,000 after acquiring an additional 365,797 shares in the last quarter. Lido Advisors LLC acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter valued at $6,626,000. Royal Bank of Canada acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 1st quarter valued at $5,654,000. S&A Financial Services Inc. acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the first quarter valued at about $3,089,000. Finally, Mattson Financial Services LLC lifted its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 15.0% in the fourth quarter. Mattson Financial Services LLC now owns 106,237 shares of the company’s stock worth $5,469,000 after buying an additional 13,850 shares in the last quarter.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Up 0.1%

NYSEARCA BBBS traded up $0.04 during trading hours on Thursday, hitting $49.88. 14,278 shares of the company’s stock traded hands, compared to its average volume of 32,731. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52-week low of $49.64 and a 52-week high of $51.83. The firm’s 50-day moving average is $50.41 and its 200-day moving average is $50.78.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company 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.