Bank Julius Baer & Co. Ltd Zurich Has $14.74 Million Stock Holdings in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB)

Bank Julius Baer & Co. Ltd Zurich cut its position in iShares BB Rated Corporate Bond ETF (NYSEARCA:HYBB) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 320,249 shares of the company’s stock after selling 3,807 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned 5.72% of iShares BB Rated Corporate Bond ETF worth $14,735,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of HYBB. Stifel Financial Corp lifted its stake in iShares BB Rated Corporate Bond ETF by 8.3% in the third quarter. Stifel Financial Corp now owns 1,590,545 shares of the company’s stock valued at $69,618,000 after purchasing an additional 122,533 shares during the last quarter. Columbus Macro LLC bought a new stake in iShares BB Rated Corporate Bond ETF during the 4th quarter valued at $883,000. Janney Montgomery Scott LLC raised its holdings in iShares BB Rated Corporate Bond ETF by 15.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 56,349 shares of the company’s stock valued at $2,466,000 after acquiring an additional 7,575 shares during the period. Avior Wealth Management LLC bought a new stake in iShares BB Rated Corporate Bond ETF during the 4th quarter valued at $101,000. Finally, Visionary Wealth Advisors raised its holdings in iShares BB Rated Corporate Bond ETF by 6.2% during the 3rd quarter. Visionary Wealth Advisors now owns 34,353 shares of the company’s stock valued at $1,504,000 after acquiring an additional 2,016 shares during the period.

iShares BB Rated Corporate Bond ETF Stock Performance

HYBB stock traded up $0.11 during midday trading on Friday, reaching $45.60. 48,368 shares of the company’s stock traded hands, compared to its average volume of 45,218. The company has a 50-day moving average price of $45.83 and a two-hundred day moving average price of $45.36. iShares BB Rated Corporate Bond ETF has a 52 week low of $42.73 and a 52 week high of $46.38. The firm has a market capitalization of $369.36 million, a PE ratio of 59.99 and a beta of 0.31.

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.