Simplicity Wealth LLC Acquires New Position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Simplicity Wealth LLC acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) during the third quarter, HoldingsChannel reports. The fund acquired 62,795 shares of the company’s stock, valued at approximately $2,465,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE acquired a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter valued at $73,000. Jane Street Group LLC bought a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the first quarter valued at about $3,883,000. Independent Wealth Network Inc. acquired a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the second quarter valued at about $616,000. Sound Income Strategies LLC lifted its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 274.0% in the second quarter. Sound Income Strategies LLC now owns 63,086 shares of the company’s stock valued at $2,449,000 after buying an additional 46,217 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the second quarter worth about $49,000.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Trading Up 0.5%

BondBloxx CCC Rated USD High Yield Corporate Bond ETF stock opened at $38.41 on Friday. The firm has a market capitalization of $293.84 million, a P/E ratio of 4.02 and a beta of 0.52. The business has a 50-day moving average of $38.20 and a 200-day moving average of $38.56. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 1 year low of $33.91 and a 1 year high of $39.88.

About BondBloxx CCC Rated USD High Yield Corporate Bond ETF

The BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of CCC (or its equivalent), based on an average of three main credit rating providers. XCCC was launched on May 24, 2022 and is managed by BondBloxx.