Fiduciary Financial Group LLC Purchases 1,829 Shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Fiduciary Financial Group LLC lifted its stake in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 18.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,919 shares of the company’s stock after acquiring an additional 1,829 shares during the period. Fiduciary Financial Group LLC owned approximately 0.14% of iShares BB Rated Corporate Bond ETF worth $547,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HYBB. Benjamin Edwards Inc. lifted its stake in iShares BB Rated Corporate Bond ETF by 1,065.1% in the third quarter. Benjamin Edwards Inc. now owns 1,852,092 shares of the company’s stock valued at $87,696,000 after acquiring an additional 1,693,128 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its position in iShares BB Rated Corporate Bond ETF by 11.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,013,076 shares of the company’s stock worth $92,642,000 after acquiring an additional 199,239 shares during the period. Envestnet Asset Management Inc. increased its position in iShares BB Rated Corporate Bond ETF by 173.2% during the second quarter. Envestnet Asset Management Inc. now owns 128,875 shares of the company’s stock worth $5,931,000 after acquiring an additional 81,711 shares during the period. Jane Street Group LLC increased its position in iShares BB Rated Corporate Bond ETF by 80.9% during the third quarter. Jane Street Group LLC now owns 75,419 shares of the company’s stock worth $3,571,000 after acquiring an additional 33,731 shares during the period. Finally, Farther Finance Advisors LLC bought a new position in iShares BB Rated Corporate Bond ETF during the third quarter worth about $1,163,000.

iShares BB Rated Corporate Bond ETF Trading Up 0.1 %

HYBB opened at $45.94 on Wednesday. The company’s 50 day moving average is $46.42 and its 200-day moving average is $46.57. iShares BB Rated Corporate Bond ETF has a 1-year low of $45.06 and a 1-year high of $47.42. The company has a market cap of $383.60 million, a P/E ratio of 59.99 and a beta of 0.32.

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.