BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Update

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 75,085 shares, a growth of 103.7% from the January 29th total of 36,856 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 117,063 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 117,063 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. WealthPoint Financial LLC acquired a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 4th quarter valued at $2,382,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the fourth quarter worth $2,764,000. EP Wealth Advisors LLC acquired a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the fourth quarter worth $2,045,000. Empowered Funds LLC lifted its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 16.2% during the fourth quarter. Empowered Funds LLC now owns 83,709 shares of the company’s stock valued at $3,869,000 after purchasing an additional 11,664 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 45.6% in the 4th quarter. Cetera Investment Advisers now owns 150,030 shares of the company’s stock valued at $6,934,000 after purchasing an additional 46,973 shares during the period.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock traded up $0.22 during midday trading on Friday, hitting $47.47. The company’s stock had a trading volume of 89,633 shares, compared to its average volume of 119,206. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $44.38 and a 12 month high of $47.82. The stock’s 50-day moving average price is $46.48 and its 200-day moving average price is $46.57.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.166 per share. This is a boost from BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to invest in a portfolio of US Treasury securities with a target duration of ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.