Brown Financial Advisors Trims Holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS)

Brown Financial Advisors trimmed its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 25.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 58,274 shares of the company’s stock after selling 20,119 shares during the period. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF accounts for approximately 1.2% of Brown Financial Advisors’ portfolio, making the stock its 24th largest position. Brown Financial Advisors owned about 1.17% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF worth $2,944,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Global Retirement Partners LLC grew its stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 59.6% in the 4th quarter. Global Retirement Partners LLC now owns 576 shares of the company’s stock valued at $29,000 after purchasing an additional 215 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 5.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,442 shares of the company’s stock valued at $332,000 after purchasing an additional 323 shares in the last quarter. Diversified Portfolios Inc. acquired a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 3rd quarter worth approximately $401,000. Fullcircle Wealth LLC purchased a new position in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 3rd quarter worth approximately $775,000. Finally, Jane Street Group LLC acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter valued at approximately $1,498,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA BBBS opened at $50.84 on Tuesday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a one year low of $49.53 and a one year high of $51.87. The company’s fifty day moving average is $50.60 and its two-hundred day moving average is $50.88.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Company Profile

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.