Townsquare Capital LLC Invests $434,000 in BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB)

Townsquare Capital LLC acquired a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF (NYSEARCA:XBB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,849 shares of the company’s stock, valued at approximately $434,000. Townsquare Capital LLC owned 0.75% of BondBloxx BB Rated USD High Yield Corporate Bond ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of XBB. IFP Advisors Inc acquired a new position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF during the 4th quarter worth $99,000. Global Retirement Partners LLC grew its position in BondBloxx BB Rated USD High Yield Corporate Bond ETF by 99.8% during the fourth quarter. Global Retirement Partners LLC now owns 1,037 shares of the company’s stock worth $42,000 after buying an additional 518 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in BondBloxx BB Rated USD High Yield Corporate Bond ETF in the fourth quarter valued at about $175,000. Finally, CGN Advisors LLC lifted its position in shares of BondBloxx BB Rated USD High Yield Corporate Bond ETF by 10.8% during the 4th quarter. CGN Advisors LLC now owns 18,140 shares of the company’s stock valued at $726,000 after acquiring an additional 1,761 shares during the period.

BondBloxx BB Rated USD High Yield Corporate Bond ETF Price Performance

XBB opened at $39.70 on Monday. BondBloxx BB Rated USD High Yield Corporate Bond ETF has a 1-year low of $38.23 and a 1-year high of $41.25. The stock has a market cap of $277.90 million, a P/E ratio of 59.59 and a beta of 0.45. The stock’s 50 day simple moving average is $40.16 and its 200 day simple moving average is $40.36.

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.