Strait & Sound Wealth Management LLC Has $4.46 Million Stock Holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Strait & Sound Wealth Management LLC grew its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 14.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,674 shares of the company’s stock after buying an additional 15,707 shares during the period. BondBloxx CCC Rated USD High Yield Corporate Bond ETF makes up 1.7% of Strait & Sound Wealth Management LLC’s holdings, making the stock its 11th biggest position. Strait & Sound Wealth Management LLC owned 1.50% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF worth $4,465,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sound Income Strategies LLC grew its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 49.8% in the fourth quarter. Sound Income Strategies LLC now owns 152,202 shares of the company’s stock valued at $5,813,000 after acquiring an additional 50,621 shares in the last quarter. Brookstone Capital Management acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter worth about $5,119,000. State of New Jersey Common Pension Fund D acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter worth about $5,704,000. Stadion Money Management LLC acquired a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the 4th quarter worth about $6,053,000. Finally, Potomac Fund Management Inc. ADV boosted its holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 13.7% in the 4th quarter. Potomac Fund Management Inc. ADV now owns 1,264,638 shares of the company’s stock valued at $48,088,000 after purchasing an additional 152,613 shares during the period.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Down 0.3%

Shares of NYSEARCA:XCCC opened at $35.86 on Thursday. The company’s 50 day moving average price is $36.47 and its two-hundred day moving average price is $36.89. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a 12-month low of $35.82 and a 12-month high of $39.35. The firm has a market cap of $271.46 million, a PE ratio of 4.02 and a beta of 0.48.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Company Profile

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.