Partners Capital Investment Group LLP decreased its holdings in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB – Free Report) by 50.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,551 shares of the company’s stock after selling 4,551 shares during the quarter. Partners Capital Investment Group LLP’s holdings in iShares BB Rated Corporate Bond ETF were worth $209,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in HYBB. CENTRAL TRUST Co bought a new position in iShares BB Rated Corporate Bond ETF in the 3rd quarter valued at about $46,000. WFA of San Diego LLC lifted its position in iShares BB Rated Corporate Bond ETF by 5.9% in the 3rd quarter. WFA of San Diego LLC now owns 4,719 shares of the company’s stock valued at $223,000 after acquiring an additional 264 shares in the last quarter. Heritage Family Offices LLP lifted its position in iShares BB Rated Corporate Bond ETF by 11.4% in the 4th quarter. Heritage Family Offices LLP now owns 10,731 shares of the company’s stock valued at $494,000 after acquiring an additional 1,101 shares in the last quarter. Fiduciary Financial Group LLC lifted its position in iShares BB Rated Corporate Bond ETF by 18.1% in the 4th quarter. Fiduciary Financial Group LLC now owns 11,919 shares of the company’s stock valued at $547,000 after acquiring an additional 1,829 shares in the last quarter. Finally, RMR Capital Management LLC bought a new position in iShares BB Rated Corporate Bond ETF in the 4th quarter valued at about $811,000.
iShares BB Rated Corporate Bond ETF Stock Performance
Shares of NYSEARCA HYBB opened at $46.57 on Monday. iShares BB Rated Corporate Bond ETF has a fifty-two week low of $45.06 and a fifty-two week high of $47.42. The stock has a market cap of $388.86 million, a price-to-earnings ratio of 59.99 and a beta of 0.32. The firm’s 50-day simple moving average is $46.33 and its 200 day simple moving average is $46.60.
About iShares BB Rated Corporate Bond ETF
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.
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