BondBloxx BBB Rated 1-5 Year Corporate Bond ETF $BBBS Shares Sold by Brown Financial Advisors

Brown Financial Advisors reduced its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 26.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,449 shares of the company’s stock after selling 19,126 shares during the quarter. Brown Financial Advisors owned 1.53% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF worth $2,779,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tanager Wealth Management LLP boosted its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 178.7% during the second quarter. Tanager Wealth Management LLP now owns 570,525 shares of the company’s stock worth $29,122,000 after buying an additional 365,797 shares in the last quarter. Paladin Wealth LLC increased its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 19.1% in the second quarter. Paladin Wealth LLC now owns 46,514 shares of the company’s stock valued at $2,374,000 after buying an additional 7,446 shares in the last quarter. S&A Financial Services Inc. bought a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the first quarter valued at $3,089,000. Strait & Sound Wealth Management LLC lifted its position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 11.2% during the 1st quarter. Strait & Sound Wealth Management LLC now owns 121,143 shares of the company’s stock valued at $6,196,000 after acquiring an additional 12,222 shares during the last quarter. Finally, Royal Bank of Canada bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 1st quarter worth $5,654,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA BBBS opened at $50.50 on Monday. The stock’s fifty day simple moving average is $50.76 and its 200 day simple moving average is $51.01. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 52-week low of $50.41 and a 52-week high of $51.83.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.