Sound Income Strategies LLC Grows Position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Sound Income Strategies LLC lifted its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 23.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,325 shares of the company’s stock after purchasing an additional 36,123 shares during the quarter. Sound Income Strategies LLC owned about 2.20% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF worth $6,797,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Advocates LLC lifted its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 97.8% during the fourth quarter. Strategic Advocates LLC now owns 886 shares of the company’s stock valued at $34,000 after buying an additional 438 shares during the period. Bank of America Corp DE purchased a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter worth about $73,000. Global Retirement Partners LLC increased its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 33.4% in the 4th quarter. Global Retirement Partners LLC now owns 3,126 shares of the company’s stock worth $119,000 after acquiring an additional 782 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 3rd quarter worth about $206,000. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 15.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,464 shares of the company’s stock worth $284,000 after acquiring an additional 996 shares in the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA XCCC opened at $36.37 on Friday. 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 firm has a 50-day moving average of $36.76 and a 200 day moving average of $37.16. The stock has a market cap of $317.51 million, a P/E ratio of 4.02 and a beta of 0.48.

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.