Brookstone Capital Management Buys Shares of 134,629 BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Brookstone Capital Management purchased a new position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 134,629 shares of the company’s stock, valued at approximately $5,119,000. Brookstone Capital Management owned about 1.76% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE bought a new stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter valued at $73,000. Ameritas Advisory Services LLC raised its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 309.2% during the third quarter. Ameritas Advisory Services LLC now owns 5,115 shares of the company’s stock worth $201,000 after buying an additional 3,865 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the third quarter valued at $206,000. Dynamic Advisor Solutions LLC lifted its holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.8% in the third quarter. Dynamic Advisor Solutions LLC now owns 6,468 shares of the company’s stock valued at $254,000 after buying an additional 525 shares during the period. Finally, WT Wealth Management boosted its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.3% during the second quarter. WT Wealth Management now owns 7,019 shares of the company’s stock valued at $272,000 after acquiring an additional 537 shares during the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Trading Down 0.9%

Shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF stock opened at $36.09 on Thursday. The business has a 50-day moving average price of $37.15 and a two-hundred day moving average price of $38.00. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 1-year low of $33.91 and a 1-year high of $39.35. The company has a market cap of $261.65 million, a P/E ratio of 4.02 and a beta of 0.52.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.2651 per share. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date was Monday, March 2nd. This is a positive change from BondBloxx CCC Rated USD High Yield Corporate Bond ETF’s previous monthly dividend of $0.25.

About BondBloxx CCC Rated USD High Yield Corporate Bond ETF

The BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) 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 CCC (or its equivalent), based on an average of three main credit rating providers. XCCC was launched on May 24, 2022 and is managed by BondBloxx.