Gradient Investments LLC Boosts Stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF $BBBS

Gradient Investments LLC lifted its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 11.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 932,204 shares of the company’s stock after acquiring an additional 94,304 shares during the period. Gradient Investments LLC owned 27.83% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF worth $47,990,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the second quarter valued at approximately $25,306,000. Lido Advisors LLC bought a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter worth $6,442,000. Orion Porfolio Solutions LLC lifted its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 245.8% during the third quarter. Orion Porfolio Solutions LLC now owns 153,233 shares of the company’s stock valued at $7,923,000 after buying an additional 108,921 shares during the period. Jane Street Group LLC lifted its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 199.3% during the second quarter. Jane Street Group LLC now owns 125,584 shares of the company’s stock valued at $6,455,000 after buying an additional 83,625 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 2nd quarter valued at $2,106,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Down 0.4%

NYSEARCA:BBBS opened at $50.92 on Monday. The firm’s 50-day moving average price is $51.49 and its 200-day moving average price is $51.56. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a 1-year low of $50.02 and a 1-year high of $51.83.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.1724 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.