BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Large Decline in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 21,314 shares, a decrease of 81.9% from the February 26th total of 118,056 shares. Based on an average daily volume of 459,264 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 459,264 shares, the short-interest ratio is presently 0.0 days.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

NYSEARCA XHLF remained flat at $50.29 on Tuesday. 710,491 shares of the company’s stock traded hands, compared to its average volume of 471,675. The stock’s fifty day simple moving average is $50.29 and its 200-day simple moving average is $50.31. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 1 year low of $50.17 and a 1 year high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.1398 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.3%.

Institutional Investors Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. ST Germain D J Co. Inc. acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the third quarter valued at approximately $25,000. IFP Advisors Inc grew its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the 3rd quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after buying an additional 600 shares during the period. Mather Group LLC. acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 3rd quarter worth approximately $41,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock valued at $46,000 after acquiring an additional 872 shares in the last quarter. Finally, Nemes Rush Group LLC acquired a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 2nd quarter valued at $50,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.