WFA of San Diego LLC Grows Position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

WFA of San Diego LLC grew its stake in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 5.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,719 shares of the company’s stock after acquiring an additional 264 shares during the quarter. WFA of San Diego LLC owned about 0.06% of iShares BB Rated Corporate Bond ETF worth $223,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. raised its stake in iShares BB Rated Corporate Bond ETF by 11.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,013,076 shares of the company’s stock valued at $92,642,000 after purchasing an additional 199,239 shares during the last quarter. Confluence Investment Management LLC raised its position in shares of iShares BB Rated Corporate Bond ETF by 13.9% in the second quarter. Confluence Investment Management LLC now owns 918,439 shares of the company’s stock valued at $42,267,000 after buying an additional 111,774 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares BB Rated Corporate Bond ETF by 173.2% in the second quarter. Envestnet Asset Management Inc. now owns 128,875 shares of the company’s stock valued at $5,931,000 after buying an additional 81,711 shares during the last quarter. HM Payson & Co. purchased a new position in shares of iShares BB Rated Corporate Bond ETF during the first quarter valued at approximately $1,952,000. Finally, Concourse Financial Group Securities Inc. acquired a new stake in iShares BB Rated Corporate Bond ETF during the second quarter worth approximately $1,760,000.

iShares BB Rated Corporate Bond ETF Stock Performance

Shares of HYBB opened at $46.83 on Thursday. iShares BB Rated Corporate Bond ETF has a fifty-two week low of $44.79 and a fifty-two week high of $47.42. The company has a market capitalization of $391.03 million, a PE ratio of 59.99 and a beta of 0.32. The stock has a fifty day moving average of $46.78 and a two-hundred day moving average of $46.49.

iShares BB Rated Corporate Bond ETF Profile

The iShares BB Rated Corporate Bond ETF (HYBB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that only includes bonds with a credit rating of BB. HYBB was launched on Oct 6, 2020 and is managed by BlackRock.