Sage Rhino Capital LLC Boosts Stock Position in BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB)

Sage Rhino Capital LLC raised its position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) by 1.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 92,324 shares of the company’s stock after purchasing an additional 941 shares during the quarter. Sage Rhino Capital LLC owned 7.10% of BondBloxx BB Rated USD High Yield Corporate Bond ETF worth $3,698,000 at the end of the most recent reporting period.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Price Performance

BondBloxx BB Rated USD High Yield Corporate Bond ETF stock traded down $0.16 during trading hours on Tuesday, hitting $39.62. 193 shares of the stock traded hands, compared to its average volume of 1,478. The firm’s 50 day moving average price is $39.85 and its 200-day moving average price is $39.56. The stock has a market capitalization of $57.44 million, a price-to-earnings ratio of 60.63 and a beta of 0.30. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 1 year low of $37.28 and a 1 year high of $40.65.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2054 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from BondBloxx BB Rated USD High Yield Corporate Bond ETF’s previous dividend of $0.18.

About BondBloxx BB Rated USD High Yield Corporate Bond ETF

The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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 BB (or its equivalent), based on an average of three main credit rating providers.