iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) Position Raised by Benjamin Edwards Inc.

Benjamin Edwards Inc. grew its holdings in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 1,065.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,852,092 shares of the company’s stock after purchasing an additional 1,693,128 shares during the period. iShares BB Rated Corporate Bond ETF makes up approximately 1.3% of Benjamin Edwards Inc.’s holdings, making the stock its 4th largest position. Benjamin Edwards Inc. owned approximately 22.18% of iShares BB Rated Corporate Bond ETF worth $87,696,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Comerica Bank boosted its stake in iShares BB Rated Corporate Bond ETF by 76.4% in the 1st quarter. Comerica Bank now owns 22,567 shares of the company’s stock worth $1,044,000 after purchasing an additional 9,775 shares in the last quarter. Atria Investments Inc grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 44.8% during the first quarter. Atria Investments Inc now owns 53,152 shares of the company’s stock valued at $2,458,000 after buying an additional 16,440 shares during the last quarter. Cetera Advisors LLC grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 32.8% during the first quarter. Cetera Advisors LLC now owns 9,940 shares of the company’s stock valued at $460,000 after buying an additional 2,455 shares during the last quarter. Andina Capital Management LLC bought a new stake in shares of iShares BB Rated Corporate Bond ETF during the second quarter valued at approximately $1,384,000. Finally, Fiduciary Financial Group LLC purchased a new position in iShares BB Rated Corporate Bond ETF in the 2nd quarter worth approximately $466,000.

iShares BB Rated Corporate Bond ETF Trading Up 0.2 %

Shares of HYBB opened at $46.94 on Monday. The company has a market cap of $391.95 million, a price-to-earnings ratio of 59.99 and a beta of 0.32. The business’s fifty day simple moving average is $46.76 and its two-hundred day simple moving average is $46.50. iShares BB Rated Corporate Bond ETF has a 12 month low of $44.97 and a 12 month high of $47.42.

iShares BB Rated Corporate Bond ETF Company Profile

The iShares BB Rated Corporate Bond ETF (HYBB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that only includes bonds with a credit rating of BB. HYBB was launched on Oct 6, 2020 and is managed by BlackRock.