iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) Stock Position Boosted by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. increased its holdings in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 11.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,013,076 shares of the company’s stock after buying an additional 199,239 shares during the quarter. iShares BB Rated Corporate Bond ETF comprises approximately 1.6% of Benjamin F. Edwards & Company Inc.’s portfolio, making the stock its 4th biggest holding. Benjamin F. Edwards & Company Inc. owned approximately 24.11% of iShares BB Rated Corporate Bond ETF worth $92,642,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HYBB. Janney Montgomery Scott LLC lifted its position in iShares BB Rated Corporate Bond ETF by 8.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 61,077 shares of the company’s stock worth $2,810,000 after buying an additional 4,728 shares during the period. Stifel Financial Corp raised its holdings in shares of iShares BB Rated Corporate Bond ETF by 27.2% in the 4th quarter. Stifel Financial Corp now owns 2,022,976 shares of the company’s stock worth $93,077,000 after purchasing an additional 432,431 shares during the period. Partners Capital Investment Group LLP purchased a new position in shares of iShares BB Rated Corporate Bond ETF in the 4th quarter worth about $419,000. Confluence Investment Management LLC purchased a new position in shares of iShares BB Rated Corporate Bond ETF in the 1st quarter worth about $37,308,000. Finally, Columbus Macro LLC raised its holdings in shares of iShares BB Rated Corporate Bond ETF by 2.7% in the 1st 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.

iShares BB Rated Corporate Bond ETF Price Performance

iShares BB Rated Corporate Bond ETF stock opened at $47.32 on Friday. The stock’s 50-day moving average is $46.63 and its 200-day moving average is $46.15. The company has a market cap of $395.12 million, a price-to-earnings ratio of 59.99 and a beta of 0.32. iShares BB Rated Corporate Bond ETF has a 12 month low of $42.73 and a 12 month high of $47.42.

iShares BB Rated Corporate Bond ETF Company Profile

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.