State of New Jersey Common Pension Fund D Makes New $5.70 Million Investment in BondBloxx CCC Rated USD High Yield Corporate Bond ETF $XCCC

State of New Jersey Common Pension Fund D purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (NYSEARCA:XCCC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 150,000 shares of the company’s stock, valued at approximately $5,704,000. State of New Jersey Common Pension Fund D owned about 2.00% of BondBloxx CCC Rated USD High Yield Corporate Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in XCCC. Bank of America Corp DE acquired a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF in the fourth quarter worth approximately $73,000. Ameritas Advisory Services LLC grew its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 309.2% in the third quarter. Ameritas Advisory Services LLC now owns 5,115 shares of the company’s stock worth $201,000 after buying an additional 3,865 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $206,000. Dynamic Advisor Solutions LLC grew its position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF by 15.4% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 7,464 shares of the company’s stock worth $284,000 after purchasing an additional 996 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new position in BondBloxx CCC Rated USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $376,000.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF Stock Performance

NYSEARCA XCCC opened at $37.02 on Monday. BondBloxx CCC Rated USD High Yield Corporate Bond ETF has a twelve month low of $35.86 and a twelve month high of $39.35. The stock has a market cap of $302.82 million, a price-to-earnings ratio of 4.02 and a beta of 0.49. The firm’s 50 day moving average price is $36.69 and its two-hundred day moving average price is $37.66.

BondBloxx CCC Rated USD High Yield Corporate Bond ETF 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.