Smith Moore & CO. Buys 243,994 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Smith Moore & CO. raised its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 49.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 741,133 shares of the company’s stock after buying an additional 243,994 shares during the quarter. BondBloxx Bloomberg One Year Target Duration US Treasury ETF comprises 2.8% of Smith Moore & CO.’s portfolio, making the stock its 5th biggest position. Smith Moore & CO. owned 0.06% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $36,805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of XONE. Laurel Wealth Advisors LLC raised its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5,493.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 867,533 shares of the company’s stock valued at $43,056,000 after acquiring an additional 852,023 shares during the period. Bank of America Corp DE increased its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 33.6% in the second quarter. Bank of America Corp DE now owns 1,418,134 shares of the company’s stock valued at $70,382,000 after purchasing an additional 356,783 shares in the last quarter. Tanager Wealth Management LLP raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 73.7% in the third quarter. Tanager Wealth Management LLP now owns 321,667 shares of the company’s stock worth $15,974,000 after purchasing an additional 136,448 shares during the period. AE Wealth Management LLC boosted its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 12.7% during the second quarter. AE Wealth Management LLC now owns 1,054,535 shares of the company’s stock worth $52,337,000 after purchasing an additional 118,884 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter worth $4,865,000. 47.99% of the stock is owned by institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Down 0.0%

Shares of XONE stock opened at $49.45 on Friday. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 12-month low of $49.40 and a 12-month high of $49.78. The firm has a fifty day moving average of $49.57 and a 200-day moving average of $49.59. The firm has a market capitalization of $715.54 million, a price-to-earnings ratio of -52.61 and a beta of 0.08.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1358 dividend. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, March 2nd. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s payout ratio is presently -221.28%.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Profile

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.