Stadion Money Management LLC Takes Position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Stadion Money Management LLC acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 159,172 shares of the company’s stock, valued at approximately $6,053,000. BondBloxx CCC Rated USD High Yield Corporate Bond ETF accounts for about 0.5% of Stadion Money Management LLC’s holdings, making the stock its 25th biggest position.

Several other institutional investors have also modified their holdings of the company. Potomac Fund Management Inc. ADV lifted its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 13.7% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 1,264,638 shares of the company’s stock valued at $48,088,000 after buying an additional 152,613 shares during the period. Jane Street Group LLC purchased a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter valued at $7,544,000. Sound Income Strategies LLC lifted its holdings in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 49.8% during the fourth quarter. Sound Income Strategies LLC now owns 152,202 shares of the company’s stock valued at $5,813,000 after purchasing an additional 50,621 shares during the last quarter. State of New Jersey Common Pension Fund D purchased a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter valued at $5,704,000. Finally, Brookstone Capital Management purchased a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter valued at $5,119,000.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Down 0.0%

Shares of NYSEARCA XCCC opened at $36.80 on Wednesday. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12 month low of $35.86 and a 12 month high of $39.35. The company has a market cap of $301.02 million, a price-to-earnings ratio of 4.02 and a beta of 0.48. The business has a fifty day simple moving average of $36.78 and a 200-day simple moving average of $37.30.

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.