iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) Shares Acquired by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. grew its holdings in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 3.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 39,582 shares of the company’s stock after acquiring an additional 1,348 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in iShares BB Rated Corporate Bond ETF were worth $1,874,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in HYBB. Confluence Investment Management LLC acquired a new stake in iShares BB Rated Corporate Bond ETF in the first quarter worth about $37,308,000. Columbus Macro LLC lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 2.7% during the first quarter. Columbus Macro LLC now owns 19,613 shares of the company’s stock worth $907,000 after purchasing an additional 516 shares during the period. Steele Capital Management Inc. lifted its holdings 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 worth $231,000 after purchasing an additional 500 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 44.5% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,813,837 shares of the company’s stock worth $83,890,000 after purchasing an additional 558,803 shares during the period. Finally, Benjamin Edwards Inc. lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 20.2% during the first quarter. Benjamin Edwards Inc. now owns 153,173 shares of the company’s stock worth $7,084,000 after purchasing an additional 25,726 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Up 0.1 %

iShares BB Rated Corporate Bond ETF stock opened at $46.80 on Monday. iShares BB Rated Corporate Bond ETF has a 52 week low of $42.73 and a 52 week high of $47.42. The company has a market capitalization of $390.78 million, a price-to-earnings ratio of 59.99 and a beta of 0.32. The stock has a 50-day moving average price of $46.86 and a 200 day moving average price of $46.27.

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.