iShares BB Rated Corporate Bond ETF $HYBB Holdings Cut by Atria Investments Inc

Atria Investments Inc reduced its stake in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 89.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,273 shares of the company’s stock after selling 37,092 shares during the period. Atria Investments Inc owned 0.07% of iShares BB Rated Corporate Bond ETF worth $201,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in iShares BB Rated Corporate Bond ETF by 19.7% during the first quarter. Envestnet Asset Management Inc. now owns 137,390 shares of the company’s stock valued at $6,349,000 after purchasing an additional 22,658 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its position in iShares BB Rated Corporate Bond ETF by 1.2% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 218,948 shares of the company’s stock worth $10,118,000 after purchasing an additional 2,648 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of iShares BB Rated Corporate Bond ETF by 180.6% during the 1st quarter. Cetera Investment Advisers now owns 82,167 shares of the company’s stock worth $3,797,000 after purchasing an additional 52,886 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 5.8% during the 1st quarter. LPL Financial LLC now owns 30,340 shares of the company’s stock valued at $1,402,000 after buying an additional 1,655 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of iShares BB Rated Corporate Bond ETF by 2.7% during the 1st quarter. Benjamin Edwards Inc. now owns 1,821,330 shares of the company’s stock valued at $84,164,000 after buying an additional 47,649 shares during the last quarter.

iShares BB Rated Corporate Bond ETF Stock Performance

NYSEARCA:HYBB opened at $46.96 on Friday. The stock’s 50 day moving average price is $47.16 and its 200 day moving average price is $46.75. iShares BB Rated Corporate Bond ETF has a 52 week low of $42.72 and a 52 week high of $47.51. The company has a market capitalization of $406.20 million, a P/E ratio of 59.99 and a beta of 0.39.

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.