BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 599,285 shares were traded during mid-day trading, an increase of 453% from the previous session’s volume of 108,312 shares.The stock last traded at $49.30 and had previously closed at $49.31.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance
The firm has a fifty day moving average of $49.33 and a two-hundred day moving average of $49.44. The stock has a market capitalization of $784.36 million, a P/E ratio of -52.45 and a beta of 0.01.
Hedge Funds Weigh In On BondBloxx Bloomberg One Year Target Duration US Treasury ETF
Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of America Corp DE increased its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.9% during the first quarter. Bank of America Corp DE now owns 2,002,123 shares of the company’s stock valued at $99,145,000 after buying an additional 93,806 shares during the period. AE Wealth Management LLC boosted its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.4% during the 4th quarter. AE Wealth Management LLC now owns 1,163,083 shares of the company’s stock valued at $57,613,000 after acquiring an additional 48,748 shares in the last quarter. Smith Moore & CO. increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 7.9% in the 4th quarter. Smith Moore & CO. now owns 799,806 shares of the company’s stock valued at $39,735,000 after acquiring an additional 58,673 shares during the period. Focus Partners Wealth increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 6.3% in the 4th quarter. Focus Partners Wealth now owns 793,807 shares of the company’s stock valued at $39,442,000 after acquiring an additional 47,191 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 460,466.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 635,582 shares of the company’s stock worth $31,484,000 after acquiring an additional 635,444 shares in the last quarter. 47.99% of the stock is currently owned by institutional investors.
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.
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