iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) Position Raised by Benjamin Edwards Inc.

Benjamin Edwards Inc. grew its stake in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,964 shares of the company’s stock after buying an additional 5,791 shares during the period. iShares BB Rated Corporate Bond ETF accounts for approximately 1.4% of Benjamin Edwards Inc.’s portfolio, making the stock its 7th largest holding. Benjamin Edwards Inc. owned approximately 1.90% of iShares BB Rated Corporate Bond ETF worth $7,316,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Steele Capital Management Inc. increased its position in shares of iShares BB Rated Corporate Bond ETF by 11.1% during the first quarter. Steele Capital Management Inc. now owns 5,000 shares of the company’s stock valued at $231,000 after buying an additional 500 shares during the period. Tocqueville Asset Management L.P. bought a new stake in shares of iShares BB Rated Corporate Bond ETF during the first quarter valued at about $398,000. Partners Capital Investment Group LLP bought a new stake in shares of iShares BB Rated Corporate Bond ETF during the fourth quarter valued at about $419,000. Cetera Advisors LLC increased its position in shares of iShares BB Rated Corporate Bond ETF by 32.8% during the first quarter. Cetera Advisors LLC now owns 9,940 shares of the company’s stock valued at $460,000 after buying an additional 2,455 shares during the period. Finally, Heritage Family Offices LLP bought a new stake in shares of iShares BB Rated Corporate Bond ETF during the second quarter valued at about $462,000.

iShares BB Rated Corporate Bond ETF Stock Up 0.3 %

Shares of HYBB opened at $47.32 on Friday. The business’s 50-day moving average price is $46.63 and its 200-day moving average price is $46.15. The stock has a market cap of $395.12 million, a PE ratio of 59.99 and a beta of 0.32. iShares BB Rated Corporate Bond ETF has a twelve month low of $42.73 and a twelve month high of $47.42.

About iShares BB Rated Corporate Bond ETF

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.