Kestra Private Wealth Services LLC Acquires 35,986 Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Kestra Private Wealth Services LLC purchased a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 35,986 shares of the company’s stock, valued at approximately $1,225,000. Kestra Private Wealth Services LLC owned approximately 0.59% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. CacheTech Inc. lifted its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 7.3% in the first quarter. CacheTech Inc. now owns 226,306 shares of the company’s stock valued at $8,238,000 after buying an additional 15,363 shares during the last quarter. Stadion Money Management LLC increased its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 5.7% in the 1st quarter. Stadion Money Management LLC now owns 168,172 shares of the company’s stock valued at $6,121,000 after acquiring an additional 9,000 shares during the period. Strait & Sound Wealth Management LLC increased its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 14.7% in the 1st quarter. Strait & Sound Wealth Management LLC now owns 122,674 shares of the company’s stock valued at $4,465,000 after acquiring an additional 15,707 shares during the period. Cetera Investment Advisers increased its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 145.5% in the 1st quarter. Cetera Investment Advisers now owns 67,425 shares of the company’s stock valued at $2,454,000 after acquiring an additional 39,962 shares during the period. Finally, Simplicity Wealth LLC raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 7.2% during the 3rd quarter. Simplicity Wealth LLC now owns 70,216 shares of the company’s stock valued at $2,390,000 after acquiring an additional 4,727 shares during the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Down 0.4%

XCCC traded down $0.14 on Friday, hitting $32.50. 45,626 shares of the company traded hands, compared to its average volume of 283,503. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12-month low of $32.38 and a 12-month high of $38.50. The company has a 50 day moving average of $33.94 and a 200-day moving average of $35.99. The stock has a market capitalization of $198.90 million, a PE ratio of 4.02 and a beta of 0.49.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Profile

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.