Syon Capital LLC Acquires 10,412 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Syon Capital LLC raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 13.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 90,484 shares of the company’s stock after buying an additional 10,412 shares during the period. Syon Capital LLC’s holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF were worth $4,493,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wealthcare Advisory Partners LLC lifted its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.1% in the third quarter. Wealthcare Advisory Partners LLC now owns 34,736 shares of the company’s stock worth $1,725,000 after buying an additional 724 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 8.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 93,756 shares of the company’s stock worth $4,656,000 after purchasing an additional 7,106 shares in the last quarter. AE Wealth Management LLC lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5.7% in the third quarter. AE Wealth Management LLC now owns 1,114,335 shares of the company’s stock worth $55,338,000 after acquiring an additional 59,800 shares during the last quarter. CFS Investment Advisory Services LLC acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 3rd quarter worth about $763,000. Finally, Smart Portfolios LLC increased its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 0.5% during the third quarter. Smart Portfolios LLC now owns 63,474 shares of the company’s stock worth $3,152,000 after purchasing an additional 332 shares in the last quarter. 47.99% of the stock is currently owned by hedge funds and other institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

BondBloxx Bloomberg One Year Target Duration US Treasury ETF stock opened at $49.57 on Wednesday. The business has a 50 day simple moving average of $49.58 and a 200-day simple moving average of $49.58. 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 stock has a market capitalization of $717.28 million, a PE ratio of -52.73 and a beta of 0.08.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.1693 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s dividend payout ratio is -225.53%.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company 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.