Freedom Investment Management Inc. Buys Shares of 35,458 BondBloxx BBB Rated 5-10 Year Corporate Bond ETF $BBBI

Freedom Investment Management Inc. bought a new stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (NYSEARCA:BBBI) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 35,458 shares of the company’s stock, valued at approximately $1,828,000. Freedom Investment Management Inc. owned 3.55% of BondBloxx BBB Rated 5-10 Year Corporate Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC purchased a new stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the second quarter valued at $74,000. Archer Investment Corp raised its position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 255.5% in the first quarter. Archer Investment Corp now owns 1,923 shares of the company’s stock valued at $98,000 after purchasing an additional 1,382 shares during the period. Crew Capital Management Ltd. raised its position in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF by 13.8% in the first quarter. Crew Capital Management Ltd. now owns 18,502 shares of the company’s stock valued at $941,000 after purchasing an additional 2,239 shares during the period. Finally, Atwood & Palmer Inc. purchased a new stake in BondBloxx BBB Rated 5-10 Year Corporate Bond ETF in the second quarter valued at $36,681,000.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Trading Up 0.0%

BBBI stock opened at $52.62 on Thursday. The company has a market capitalization of $57.88 million, a PE ratio of 26.20 and a beta of 0.19. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF has a 12-month low of $48.91 and a 12-month high of $52.67. The business’s fifty day moving average price is $52.16 and its 200 day moving average price is $51.21.

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF Profile

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) 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 5-10 years. BBBI was launched on Jan 25, 2024 and is issued by BondBloxx.