Orion Porfolio Solutions LLC Raises Stock Holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF $BBBS

Orion Porfolio Solutions LLC raised its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF (NYSEARCA:BBBS) by 245.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 153,233 shares of the company’s stock after purchasing an additional 108,921 shares during the period. Orion Porfolio Solutions LLC owned 4.38% of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF worth $7,923,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BBBS. Global Retirement Partners LLC increased its holdings in shares of BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 58.7% during the third quarter. Global Retirement Partners LLC now owns 1,316 shares of the company’s stock valued at $68,000 after acquiring an additional 487 shares in the last quarter. CWM LLC grew its position in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 88.5% during the 3rd quarter. CWM LLC now owns 2,679 shares of the company’s stock valued at $139,000 after purchasing an additional 1,258 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 3rd quarter valued at about $203,000. Inspire Advisors LLC bought a new stake in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF during the 2nd quarter valued at about $386,000. Finally, Grantvest Financial Group LLC raised its holdings in BondBloxx BBB Rated 1-5 Year Corporate Bond ETF by 3.9% in the third quarter. Grantvest Financial Group LLC now owns 13,076 shares of the company’s stock worth $676,000 after buying an additional 488 shares during the last quarter.

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

Shares of NYSEARCA BBBS opened at $51.39 on Friday. BondBloxx BBB Rated 1-5 Year Corporate Bond ETF has a twelve month low of $50.02 and a twelve month high of $51.83. The company has a 50 day moving average of $51.57 and a 200 day moving average of $51.59.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1724 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, March 2nd.

BondBloxx BBB Rated 1-5 Year Corporate Bond ETF Profile

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.