Nottingham Advisors Inc. Increases Stock Holdings in iShares BB Rated Corporate Bond ETF $HYBB

Nottingham Advisors Inc. lifted its position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,543 shares of the company’s stock after purchasing an additional 1,369 shares during the quarter. Nottingham Advisors Inc.’s holdings in iShares BB Rated Corporate Bond ETF were worth $1,718,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of HYBB. Partners Capital Investment Group LLP grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 100.0% in the first quarter. Partners Capital Investment Group LLP now owns 9,102 shares of the company’s stock valued at $421,000 after purchasing an additional 4,551 shares during the period. Focus Partners Advisor Solutions LLC grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 61.7% in the first quarter. Focus Partners Advisor Solutions LLC now owns 10,929 shares of the company’s stock valued at $505,000 after purchasing an additional 4,171 shares during the period. Mutual Advisors LLC grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 10.0% in the second quarter. Mutual Advisors LLC now owns 16,666 shares of the company’s stock valued at $780,000 after purchasing an additional 1,519 shares during the period. RMR Capital Management LLC grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 2.8% in the second quarter. RMR Capital Management LLC now owns 18,121 shares of the company’s stock valued at $852,000 after purchasing an additional 495 shares during the period. Finally, Laffer Tengler Investments Inc. grew its holdings in shares of iShares BB Rated Corporate Bond ETF by 48.5% in the first quarter. Laffer Tengler Investments Inc. now owns 20,012 shares of the company’s stock valued at $925,000 after purchasing an additional 6,533 shares during the period.

iShares BB Rated Corporate Bond ETF Trading Up 0.1%

Shares of HYBB opened at $47.04 on Monday. iShares BB Rated Corporate Bond ETF has a 12-month low of $42.72 and a 12-month high of $47.47. The firm has a 50-day moving average price of $47.09 and a 200 day moving average price of $46.52. The firm has a market capitalization of $286.94 million, a P/E ratio of 59.99 and a beta of 0.42.

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.