Farther Finance Advisors LLC Sells 805 Shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Farther Finance Advisors LLC lowered its position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 3.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,749 shares of the company’s stock after selling 805 shares during the period. Farther Finance Advisors LLC owned about 0.28% of iShares BB Rated Corporate Bond ETF worth $1,092,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. WFA of San Diego LLC boosted its stake in shares of iShares BB Rated Corporate Bond ETF by 5.9% in the third quarter. WFA of San Diego LLC now owns 4,719 shares of the company’s stock worth $223,000 after acquiring an additional 264 shares during the period. Heritage Family Offices LLP boosted its stake 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 worth $494,000 after purchasing an additional 1,101 shares during the period. Fiduciary Financial Group LLC boosted its stake 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 worth $547,000 after purchasing an additional 1,829 shares during the period. Laffer Tengler Investments Inc. grew its holdings in iShares BB Rated Corporate Bond ETF by 9.5% during the 4th quarter. Laffer Tengler Investments Inc. now owns 13,479 shares of the company’s stock valued at $620,000 after buying an additional 1,164 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 30.2% in the fourth quarter. Bank of New York Mellon Corp now owns 13,783 shares of the company’s stock worth $634,000 after buying an additional 3,194 shares in the last quarter.

iShares BB Rated Corporate Bond ETF Stock Performance

Shares of NYSEARCA:HYBB opened at $46.20 on Friday. The firm has a market cap of $392.70 million, a price-to-earnings ratio of 59.99 and a beta of 0.41. The firm has a fifty day moving average price of $46.43 and a 200 day moving average price of $46.60. iShares BB Rated Corporate Bond ETF has a fifty-two week low of $45.06 and a fifty-two week high of $47.42.

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.