40,872 Shares in iShares BB Rated Corporate Bond ETF $HYBB Purchased by Nottingham Advisors Inc.

Nottingham Advisors Inc. purchased a new position in shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 40,872 shares of the company’s stock, valued at approximately $1,843,000. Nottingham Advisors Inc. owned 0.51% of iShares BB Rated Corporate Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HYBB. North Star Investment Management Corp. acquired a new position in shares of iShares BB Rated Corporate Bond ETF in the 3rd quarter valued at $25,000. Fiduciary Financial Group LLC increased its stake in iShares BB Rated Corporate Bond ETF by 7.0% in the second quarter. Fiduciary Financial Group LLC now owns 11,124 shares of the company’s stock valued at $520,000 after purchasing an additional 724 shares during the period. Royal Bank of Canada raised its holdings in shares of iShares BB Rated Corporate Bond ETF by 661.3% in the first quarter. Royal Bank of Canada now owns 1,454 shares of the company’s stock valued at $68,000 after buying an additional 1,263 shares during the last quarter. Hegarty Advisors LLC raised its holdings in shares of iShares BB Rated Corporate Bond ETF by 13.0% in the third quarter. Hegarty Advisors LLC now owns 12,322 shares of the company’s stock valued at $555,000 after buying an additional 1,413 shares during the last quarter. Finally, IFS Group LLC acquired a new stake in shares of iShares BB Rated Corporate Bond ETF during the first quarter worth about $207,000.

iShares BB Rated Corporate Bond ETF Stock Performance

Shares of HYBB opened at $45.14 on Tuesday. iShares BB Rated Corporate Bond ETF has a fifty-two week low of $44.60 and a fifty-two week high of $47.47. The firm has a 50-day simple moving average of $45.61 and a 200-day simple moving average of $46.46. The company has a market capitalization of $363.38 million, a price-to-earnings ratio of 59.99 and a beta of 0.38.

About iShares BB Rated Corporate Bond ETF

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.