Sound Income Strategies LLC Acquires 50,621 Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Sound Income Strategies LLC raised its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 49.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 152,202 shares of the company’s stock after buying an additional 50,621 shares during the quarter. Sound Income Strategies LLC owned about 1.99% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF worth $5,813,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter valued at $73,000. Ameritas Advisory Services LLC raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 309.2% during the third quarter. Ameritas Advisory Services LLC now owns 5,115 shares of the company’s stock valued at $201,000 after buying an additional 3,865 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the third quarter valued at $206,000. Dynamic Advisor Solutions LLC raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.8% during the third quarter. Dynamic Advisor Solutions LLC now owns 6,468 shares of the company’s stock valued at $254,000 after buying an additional 525 shares during the last quarter. Finally, WT Wealth Management raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.3% during the second quarter. WT Wealth Management now owns 7,019 shares of the company’s stock valued at $272,000 after buying an additional 537 shares during the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Trading Up 0.4%

Shares of NYSEARCA:XCCC opened at $36.27 on Tuesday. The stock has a fifty day simple moving average of $37.01 and a two-hundred day simple moving average of $37.92. The stock has a market capitalization of $262.96 million, a price-to-earnings ratio of 4.02 and a beta of 0.52. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12-month low of $33.91 and a 12-month high of $39.35.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.2651 per share. The ex-dividend date was Monday, March 2nd. This is a positive change from BondBloxx CCC Rated USD High Yield Corporate Bond ETF’s previous monthly dividend of $0.25. This represents a c) dividend on an annualized basis and a yield of 8.8%.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Profile

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.