BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC Stock: Sound Income Strategies LLC Lowers Holdings

Sound Income Strategies LLC lessened its holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 89.3% during the third quarter, HoldingsChannel reports. The firm owned 24,828 shares of the company’s stock after selling 207,918 shares during the quarter. Sound Income Strategies LLC’s holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF were worth $832,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Potomac Fund Management Inc. ADV raised its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 13.7% during the 4th quarter. Potomac Fund Management Inc. ADV now owns 1,264,638 shares of the company’s stock worth $48,088,000 after buying an additional 152,613 shares in the last quarter. CacheTech Inc. boosted its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 7.3% in the first quarter. CacheTech Inc. now owns 226,306 shares of the company’s stock valued at $8,238,000 after buying an additional 15,363 shares in the last quarter. Stadion Money Management LLC grew its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 5.7% in the first quarter. Stadion Money Management LLC now owns 168,172 shares of the company’s stock valued at $6,121,000 after acquiring an additional 9,000 shares during the last quarter. Strait & Sound Wealth Management LLC grew its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 14.7% in the first quarter. Strait & Sound Wealth Management LLC now owns 122,674 shares of the company’s stock valued at $4,465,000 after acquiring an additional 15,707 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 145.5% during the first quarter. Cetera Investment Advisers now owns 67,425 shares of the company’s stock worth $2,454,000 after acquiring an additional 39,962 shares in the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Performance

XCCC stock opened at $33.52 on Friday. The stock has a market capitalization of $225.25 million, a P/E ratio of 4.02 and a beta of 0.49. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12 month low of $33.38 and a 12 month high of $39.04. The firm has a 50-day moving average price of $35.11 and a 200-day moving average price of $36.04.

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.