Sound Income Strategies LLC Boosts Position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

Sound Income Strategies LLC boosted its position in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) by 49.8% in the fourth quarter, Holdings Channel reports. The fund owned 152,202 shares of the company’s stock after purchasing an additional 50,621 shares during the quarter. Sound Income Strategies LLC’s holdings in BondBloxx CCC Rated USD High Yield Corporate Bond ETF were worth $5,813,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the fourth quarter valued at $73,000. Ameritas Advisory Services LLC boosted its stake in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 309.2% during the third quarter. Ameritas Advisory Services LLC now owns 5,115 shares of the company’s stock valued at $201,000 after buying an additional 3,865 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the third quarter valued at approximately $206,000. Dynamic Advisor Solutions LLC lifted its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.8% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 6,468 shares of the company’s stock valued at $254,000 after purchasing an additional 525 shares during the last quarter. Finally, WT Wealth Management lifted its stake in shares of BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 8.3% in the 2nd quarter. WT Wealth Management now owns 7,019 shares of the company’s stock valued at $272,000 after purchasing an additional 537 shares during the last quarter.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Performance

Shares of NYSEARCA XCCC opened at $36.27 on Tuesday. The business’s 50 day moving average price is $37.01 and its 200-day moving average price is $37.92. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a fifty-two week low of $33.91 and a fifty-two week high of $39.35. The company has a market cap of $262.96 million, a price-to-earnings ratio of 4.02 and a beta of 0.52.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2651 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. This is a boost from BondBloxx CCC Rated USD High Yield Corporate Bond ETF’s previous monthly dividend of $0.25.

About BondBloxx CCC Rated USD High Yield Corporate Bond ETF

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.