2,200 Shares in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) Purchased by Avior Wealth Management LLC

Avior Wealth Management LLC bought a new position in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,200 shares of the company’s stock, valued at approximately $101,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS Group AG acquired a new stake in shares of iShares BB Rated Corporate Bond ETF during the third quarter worth about $43,000. Wells Fargo & Company MN acquired a new stake in shares of iShares BB Rated Corporate Bond ETF during the second quarter worth about $103,000. Royal Bank of Canada acquired a new stake in shares of iShares BB Rated Corporate Bond ETF during the second quarter worth about $122,000. Osaic Holdings Inc. lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 225.9% during the second quarter. Osaic Holdings Inc. now owns 4,771 shares of the company’s stock worth $214,000 after purchasing an additional 3,307 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 3,520.5% during the fourth quarter. Bank of America Corp DE now owns 6,879 shares of the company’s stock worth $305,000 after purchasing an additional 6,689 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Up 0.3 %

iShares BB Rated Corporate Bond ETF stock opened at $45.29 on Friday. iShares BB Rated Corporate Bond ETF has a 52 week low of $42.73 and a 52 week high of $46.38. The company has a market capitalization of $253.62 million, a price-to-earnings ratio of 59.99 and a beta of 0.42. The stock has a 50-day moving average price of $45.86 and a 200 day moving average price of $45.29.

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.