LPL Financial LLC Has $1.32 Million Stock Holdings in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

LPL Financial LLC lowered its stake in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,685 shares of the company’s stock after selling 560 shares during the period. LPL Financial LLC owned approximately 0.34% of iShares BB Rated Corporate Bond ETF worth $1,319,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in HYBB. Jane Street Group LLC raised its holdings in shares of iShares BB Rated Corporate Bond ETF by 80.9% in the third quarter. Jane Street Group LLC now owns 75,419 shares of the company’s stock valued at $3,571,000 after purchasing an additional 33,731 shares during the last quarter. Fiduciary Financial Group LLC grew its position in iShares BB Rated Corporate Bond ETF by 18.1% in the 4th quarter. Fiduciary Financial Group LLC now owns 11,919 shares of the company’s stock worth $547,000 after purchasing an additional 1,829 shares in the last quarter. Heritage Family Offices LLP increased its stake in iShares BB Rated Corporate Bond ETF by 11.4% in the 4th quarter. Heritage Family Offices LLP now owns 10,731 shares of the company’s stock valued at $494,000 after buying an additional 1,101 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares BB Rated Corporate Bond ETF by 17.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 52,704 shares of the company’s stock worth $2,424,000 after buying an additional 7,868 shares in the last quarter. Finally, Mutual Advisors LLC boosted its stake in shares of iShares BB Rated Corporate Bond ETF by 11.4% in the 4th quarter. Mutual Advisors LLC now owns 24,244 shares of the company’s stock worth $1,124,000 after buying an additional 2,480 shares during the last quarter.

iShares BB Rated Corporate Bond ETF Trading Up 0.5 %

HYBB stock opened at $45.55 on Friday. The stock has a market cap of $389.45 million, a P/E ratio of 59.99 and a beta of 0.40. The stock’s fifty day simple moving average is $46.09 and its two-hundred day simple moving average is $46.36. iShares BB Rated Corporate Bond ETF has a 1-year low of $42.72 and a 1-year high of $47.42.

iShares BB Rated Corporate Bond ETF Company 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.