CGN Advisors LLC Makes New $668,000 Investment in BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB)

CGN Advisors LLC bought a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 16,770 shares of the company’s stock, valued at approximately $668,000. CGN Advisors LLC owned 1.16% of BondBloxx BB Rated USD High Yield Corporate Bond ETF as of its most recent SEC filing.

Separately, Sage Rhino Capital LLC boosted its stake in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 1.0% during the 4th quarter. Sage Rhino Capital LLC now owns 92,324 shares of the company’s stock valued at $3,698,000 after purchasing an additional 941 shares during the period.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Trading Up 0.4 %

NYSEARCA:XBB traded up $0.15 during mid-day trading on Thursday, hitting $40.25. 2,140 shares of the company’s stock traded hands, compared to its average volume of 2,615. The firm has a 50 day moving average of $40.06 and a two-hundred day moving average of $39.96. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 12 month low of $37.28 and a 12 month high of $40.65. The firm has a market capitalization of $58.36 million, a price-to-earnings ratio of 60.63 and a beta of 0.30.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Profile

The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of BB (or its equivalent), based on an average of three main credit rating providers.