Potomac Fund Management Inc. ADV Acquires 152,613 Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Potomac Fund Management Inc. ADV raised its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 13.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,264,638 shares of the company’s stock after buying an additional 152,613 shares during the period. BondBloxx CCC Rated USD High Yield Corporate Bond ETF accounts for 1.8% of Potomac Fund Management Inc. ADV’s portfolio, making the stock its 6th biggest position. Potomac Fund Management Inc. ADV owned 0.15% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF worth $48,088,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in XCCC. Jane Street Group LLC acquired a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter worth $7,544,000. State of New Jersey Common Pension Fund D acquired a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter valued at $5,704,000. Brookstone Capital Management acquired a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter valued at $5,119,000. Invesco Ltd. acquired a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 2nd quarter valued at $3,882,000. Finally, Sound Income Strategies LLC increased its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 49.8% in the 4th quarter. Sound Income Strategies LLC now owns 152,202 shares of the company’s stock valued at $5,813,000 after acquiring an additional 50,621 shares during the period.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Price Performance

NYSEARCA XCCC opened at $36.74 on Monday. The stock’s fifty day moving average price is $36.75 and its 200 day moving average price is $37.33. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 1 year low of $35.86 and a 1 year high of $39.35. The company has a market cap of $300.53 million, a price-to-earnings ratio of 4.02 and a beta of 0.48.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Company 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.