Exchange Capital Management Inc. Makes New $3.18 Million Investment in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS)

Exchange Capital Management Inc. purchased a new position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 63,000 shares of the company’s stock, valued at approximately $3,182,000. Exchange Capital Management Inc. owned approximately 126.00% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the third quarter valued at $1,498,000. Brown Financial Advisors lifted its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 5.3% in the 3rd quarter. Brown Financial Advisors now owns 78,393 shares of the company’s stock valued at $4,037,000 after buying an additional 3,914 shares during the period. Fullcircle Wealth LLC acquired a new stake in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter worth approximately $775,000. Farther Finance Advisors LLC grew its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 5.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,442 shares of the company’s stock valued at $332,000 after buying an additional 323 shares during the last quarter. Finally, Diversified Portfolios Inc. purchased a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF in the 3rd quarter valued at about $401,000.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Stock Performance

NYSEARCA BBBS opened at $50.84 on Tuesday. The business has a 50 day moving average price of $50.60 and a two-hundred day moving average price of $50.88. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a fifty-two week low of $49.53 and a fifty-two week high of $51.87.

About BondBloxx BBB Rated 1-5 Year Corporate Bond ETF

The BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (BBBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of BBB-rated, USD-denominated corporate bonds maturing between 1-5 years. BBBS was launched on Jan 25, 2024 and is issued by BondBloxx.