iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC lifted its stake in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 11.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,244 shares of the company’s stock after purchasing an additional 2,480 shares during the period. Mutual Advisors LLC’s holdings in iShares BB Rated Corporate Bond ETF were worth $1,124,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Cetera Investment Advisers raised its stake in iShares BB Rated Corporate Bond ETF by 5.0% during the second quarter. Cetera Investment Advisers now owns 32,924 shares of the company’s stock worth $1,515,000 after purchasing an additional 1,557 shares during the period. WFA of San Diego LLC increased its holdings in iShares BB Rated Corporate Bond ETF by 5.9% in the 3rd quarter. WFA of San Diego LLC now owns 4,719 shares of the company’s stock valued at $223,000 after purchasing an additional 264 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares BB Rated Corporate Bond ETF by 173.2% in the second quarter. Envestnet Asset Management Inc. now owns 128,875 shares of the company’s stock valued at $5,931,000 after buying an additional 81,711 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in iShares BB Rated Corporate Bond ETF by 1,065.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,852,092 shares of the company’s stock worth $87,696,000 after acquiring an additional 1,693,128 shares in the last quarter. Finally, Andina Capital Management LLC boosted its holdings in iShares BB Rated Corporate Bond ETF by 26.8% during the 3rd quarter. Andina Capital Management LLC now owns 38,123 shares of the company’s stock valued at $1,805,000 after acquiring an additional 8,047 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Performance

Shares of HYBB stock opened at $46.54 on Friday. iShares BB Rated Corporate Bond ETF has a fifty-two week low of $45.06 and a fifty-two week high of $47.42. The stock has a market capitalization of $388.61 million, a P/E ratio of 59.99 and a beta of 0.32. The company has a 50 day moving average price of $46.38 and a 200 day moving average price of $46.59.

iShares BB Rated Corporate Bond ETF Profile

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.