Purpose Unlimited Inc. Takes $877,000 Position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Purpose Unlimited Inc. bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,708 shares of the company’s stock, valued at approximately $877,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the first quarter worth about $1,863,000. Flow Traders U.S. LLC bought a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 2nd quarter valued at approximately $275,000. NewEdge Advisors LLC grew its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 176.5% in the 2nd quarter. NewEdge Advisors LLC now owns 101,277 shares of the company’s stock valued at $5,026,000 after purchasing an additional 64,655 shares during the period. Diversify Wealth Management LLC raised its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 17.7% in the 2nd quarter. Diversify Wealth Management LLC now owns 13,465 shares of the company’s stock worth $667,000 after buying an additional 2,021 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 2nd quarter worth approximately $993,000. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

BondBloxx Bloomberg One Year Target Duration US Treasury ETF stock opened at $49.31 on Friday. The company has a market capitalization of $717.95 million, a PE ratio of -52.46 and a beta of 0.01. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a one year low of $49.27 and a one year high of $49.70. The business has a 50 day simple moving average of $49.39 and a 200 day simple moving average of $49.49.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

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.