Victory Capital Management Inc. Has $15.92 Million Stock Holdings in iShares BB Rated Corporate Bond ETF $HYBB

Victory Capital Management Inc. raised its stake in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 336,500 shares of the company’s stock after purchasing an additional 14,500 shares during the period. Victory Capital Management Inc.’s holdings in iShares BB Rated Corporate Bond ETF were worth $15,920,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Benjamin Edwards Inc. boosted its holdings in shares of iShares BB Rated Corporate Bond ETF by 136.7% during the 3rd quarter. Benjamin Edwards Inc. now owns 731,275 shares of the company’s stock worth $34,596,000 after buying an additional 422,349 shares during the period. Confluence Investment Management LLC lifted its position in iShares BB Rated Corporate Bond ETF by 239.3% during the third quarter. Confluence Investment Management LLC now owns 270,829 shares of the company’s stock worth $12,813,000 after acquiring an additional 191,003 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its position in iShares BB Rated Corporate Bond ETF by 25.4% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 274,526 shares of the company’s stock worth $12,903,000 after acquiring an additional 55,578 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its holdings in shares of iShares BB Rated Corporate Bond ETF by 304.6% during the third quarter. Focus Partners Advisor Solutions LLC now owns 44,388 shares of the company’s stock worth $2,090,000 after acquiring an additional 33,418 shares during the period. Finally, WFA of San Diego LLC bought a new stake in shares of iShares BB Rated Corporate Bond ETF during the second quarter worth approximately $936,000.

iShares BB Rated Corporate Bond ETF Trading Down 0.1%

iShares BB Rated Corporate Bond ETF stock opened at $46.80 on Wednesday. The company has a market capitalization of $526.50 million, a price-to-earnings ratio of 59.99 and a beta of 0.39. iShares BB Rated Corporate Bond ETF has a 12 month low of $42.72 and a 12 month high of $47.51. The stock’s 50 day moving average is $47.22 and its 200-day moving average is $47.16.

iShares BB Rated Corporate Bond ETF Company 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.