NBC Securities Inc. Purchases 1,381 Shares of iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

NBC Securities Inc. lifted its stake in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 138,100.0% in the first quarter, Holdings Channel.com reports. The firm owned 1,382 shares of the company’s stock after buying an additional 1,381 shares during the period. NBC Securities Inc.’s holdings in iShares BB Rated Corporate Bond ETF were worth $63,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of iShares BB Rated Corporate Bond ETF in the 4th quarter worth approximately $40,000. Mariner LLC purchased a new position in shares of iShares BB Rated Corporate Bond ETF in the 4th quarter worth approximately $231,000. Laffer Tengler Investments Inc. boosted its holdings in shares of iShares BB Rated Corporate Bond ETF by 9.5% in the 4th quarter. Laffer Tengler Investments Inc. now owns 13,479 shares of the company’s stock worth $620,000 after purchasing an additional 1,164 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares BB Rated Corporate Bond ETF by 30.2% in the 4th quarter. Bank of New York Mellon Corp now owns 13,783 shares of the company’s stock worth $634,000 after purchasing an additional 3,194 shares during the period. Finally, Zuckerman Investment Group LLC boosted its holdings in shares of iShares BB Rated Corporate Bond ETF by 6.3% in the 4th quarter. Zuckerman Investment Group LLC now owns 15,205 shares of the company’s stock worth $705,000 after purchasing an additional 903 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Down 0.0%

HYBB opened at $46.41 on Thursday. The business has a fifty day moving average of $45.84 and a 200 day moving average of $46.20. iShares BB Rated Corporate Bond ETF has a 52-week low of $42.72 and a 52-week high of $47.42. The stock has a market cap of $206.52 million, a P/E ratio of 59.99 and a beta of 0.40.

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.