BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC Holdings Lessened by Sound Income Strategies LLC

Sound Income Strategies LLC lowered its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 89.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,828 shares of the company’s stock after selling 207,918 shares during the quarter. Sound Income Strategies LLC owned about 0.37% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF worth $832,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Potomac Fund Management Inc. ADV lifted its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 13.7% during the 4th quarter. Potomac Fund Management Inc. ADV now owns 1,264,638 shares of the company’s stock valued at $48,088,000 after acquiring an additional 152,613 shares during the period. CacheTech Inc. increased its position in shares of 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 worth $8,238,000 after purchasing an additional 15,363 shares during the period. Stadion Money Management LLC increased its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 5.7% in the first quarter. Stadion Money Management LLC now owns 168,172 shares of the company’s stock worth $6,121,000 after purchasing an additional 9,000 shares during the period. Strait & Sound Wealth Management LLC raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 14.7% in the first quarter. Strait & Sound Wealth Management LLC now owns 122,674 shares of the company’s stock valued at $4,465,000 after purchasing an additional 15,707 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 145.5% in the first quarter. Cetera Investment Advisers now owns 67,425 shares of the company’s stock valued at $2,454,000 after purchasing an additional 39,962 shares in the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Price Performance

XCCC opened at $33.52 on Friday. The stock has a market capitalization of $225.25 million, a price-to-earnings ratio of 4.02 and a beta of 0.49. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a twelve month low of $33.38 and a twelve month high of $39.04. The company has a 50-day simple moving average of $35.11 and a 200 day simple moving average of $36.04.

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.