Columbus Macro LLC Acquires 516 Shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Columbus Macro LLC boosted its holdings in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,613 shares of the company’s stock after acquiring an additional 516 shares during the period. Columbus Macro LLC owned approximately 0.35% of iShares BB Rated Corporate Bond ETF worth $907,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Stifel Financial Corp lifted its holdings in iShares BB Rated Corporate Bond ETF by 27.2% during the fourth quarter. Stifel Financial Corp now owns 2,022,976 shares of the company’s stock worth $93,077,000 after acquiring an additional 432,431 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of iShares BB Rated Corporate Bond ETF by 21.9% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,255,034 shares of the company’s stock valued at $57,744,000 after purchasing an additional 225,553 shares during the period. Confluence Investment Management LLC acquired a new stake in shares of iShares BB Rated Corporate Bond ETF in the 1st quarter valued at about $37,308,000. Benjamin Edwards Inc. raised its stake in shares of iShares BB Rated Corporate Bond ETF by 35.2% in the 4th quarter. Benjamin Edwards Inc. now owns 127,447 shares of the company’s stock valued at $5,864,000 after purchasing an additional 33,212 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares BB Rated Corporate Bond ETF by 8.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 61,077 shares of the company’s stock valued at $2,810,000 after purchasing an additional 4,728 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:HYBB traded up $0.07 during midday trading on Tuesday, reaching $46.13. The company had a trading volume of 16,011 shares, compared to its average volume of 37,346. The business’s 50 day moving average price is $45.83 and its 200 day moving average price is $45.90. The stock has a market cap of $385.19 million, a PE ratio of 59.99 and a beta of 0.32. iShares BB Rated Corporate Bond ETF has a 1-year low of $42.73 and a 1-year high of $46.38.

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.