Cetera Investment Advisers Boosts Position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Cetera Investment Advisers raised its position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 5.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,924 shares of the company’s stock after buying an additional 1,557 shares during the quarter. Cetera Investment Advisers owned approximately 0.39% of iShares BB Rated Corporate Bond ETF worth $1,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYBB. Steele Capital Management Inc. grew its holdings in 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 acquiring an additional 500 shares during the period. Columbus Macro LLC grew its stake in iShares BB Rated Corporate Bond ETF by 2.7% during the 1st quarter. Columbus Macro LLC now owns 19,613 shares of the company’s stock valued at $907,000 after purchasing an additional 516 shares in the last quarter. Sheets Smith Wealth Management grew its stake in iShares BB Rated Corporate Bond ETF by 5.0% during the 1st quarter. Sheets Smith Wealth Management now owns 12,511 shares of the company’s stock valued at $579,000 after purchasing an additional 600 shares in the last quarter. Cetera Advisors LLC grew its stake in iShares BB Rated Corporate Bond ETF by 32.8% during the 1st quarter. Cetera Advisors LLC now owns 9,940 shares of the company’s stock valued at $460,000 after purchasing an additional 2,455 shares in the last quarter. Finally, Nottingham Advisors Inc. lifted its holdings in iShares BB Rated Corporate Bond ETF by 14.4% during the 2nd quarter. Nottingham Advisors Inc. now owns 29,425 shares of the company’s stock worth $1,354,000 after buying an additional 3,695 shares during the last quarter.

iShares BB Rated Corporate Bond ETF Stock Up 0.1 %

NYSEARCA:HYBB opened at $46.84 on Wednesday. The business’s 50 day moving average is $46.89 and its two-hundred day moving average is $46.28. 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 cap of $391.09 million, a PE ratio of 59.99 and a beta of 0.32.

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.