Lido Advisors LLC Increases Holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF $XBB

Lido Advisors LLC lifted its holdings in BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) by 22.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 226,571 shares of the company’s stock after acquiring an additional 42,003 shares during the period. Lido Advisors LLC owned 2.06% of BondBloxx BB Rated USD High Yield Corporate Bond ETF worth $9,219,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XBB. Kestra Advisory Services LLC bought a new stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF during the fourth quarter worth approximately $181,000. Envestnet Asset Management Inc. bought a new stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $389,000. MML Investors Services LLC lifted its stake in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 6.6% in the 4th quarter. MML Investors Services LLC now owns 10,029 shares of the company’s stock valued at $413,000 after purchasing an additional 623 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of 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 worth $893,000 after purchasing an additional 260 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 126.1% in the 1st quarter. Jane Street Group LLC now owns 31,367 shares of the company’s stock worth $1,268,000 after purchasing an additional 17,497 shares during the period.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Stock Performance

NYSEARCA XBB opened at $40.50 on Friday. The company has a market cap of $530.55 million, a P/E ratio of 59.99 and a beta of 0.39. The business’s 50 day moving average price is $40.84 and its 200-day moving average price is $40.98. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a fifty-two week low of $40.18 and a fifty-two week high of $41.61.

About BondBloxx BB Rated USD High Yield Corporate Bond ETF

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.