Partners Wealth Management LLC Makes New Investment in BondBloxx BB Rated USD High Yield Corporate Bond ETF $XBB

Partners Wealth Management LLC acquired a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,646 shares of the company’s stock, valued at approximately $737,000. Partners Wealth Management LLC owned about 0.13% of BondBloxx BB Rated USD High Yield Corporate Bond ETF as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kestra Advisory Services LLC increased its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 29.8% in the first quarter. Kestra Advisory Services LLC now owns 5,696 shares of the company’s stock valued at $232,000 after purchasing an additional 1,309 shares during the last quarter. GK Wealth Management LLC purchased a new position in BondBloxx BB Rated USD High Yield Corporate Bond ETF during the second quarter worth about $284,000. CGN Advisors LLC boosted its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 6.5% in the 2nd quarter. CGN Advisors LLC now owns 14,534 shares of the company’s stock worth $596,000 after buying an additional 885 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 56.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 21,148 shares of the company’s stock worth $867,000 after buying an additional 7,640 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 1.2% in the 1st quarter. Cetera Investment Advisers now owns 21,953 shares of the company’s stock valued at $893,000 after buying an additional 260 shares during the period.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Price Performance

XBB opened at $39.93 on Friday. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 12 month low of $39.11 and a 12 month high of $41.61. The business has a 50-day moving average of $40.01 and a two-hundred day moving average of $40.69. The stock has a market capitalization of $567.01 million, a price-to-earnings ratio of 59.99 and a beta of 0.40.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Profile

The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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 BB (or its equivalent), based on an average of three main credit rating providers. XBB was launched on May 24, 2022 and is managed by BondBloxx.