BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) Shares Sold by Gradient Investments LLC

Gradient Investments LLC reduced its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 26.4% in the 4th quarter, Holdings Channel reports. The firm owned 778,326 shares of the company’s stock after selling 279,828 shares during the quarter. Gradient Investments LLC owned 15.57% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF worth $39,317,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brown Financial Advisors acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the second quarter worth about $3,743,000. Mattson Financial Services LLC purchased a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 2nd quarter valued at approximately $3,679,000. Paladin Wealth LLC acquired a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the third quarter worth $1,158,000. Farther Finance Advisors LLC raised its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 5.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,442 shares of the company’s stock valued at $332,000 after buying an additional 323 shares during the period. Finally, Fullcircle Wealth LLC acquired a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter worth approximately $775,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA BBBS opened at $50.64 on Friday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52-week low of $49.53 and a 52-week high of $51.87. The business’s 50 day moving average is $50.65 and its two-hundred day moving average is $50.87.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Profile

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.