BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report) shares saw unusually-high trading volume on Thursday . 93,750 shares changed hands during trading, a decline of 20% from the previous session’s volume of 117,087 shares.The stock last traded at $49.37 and had previously closed at $49.33.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance
The firm has a market cap of $822.01 million, a P/E ratio of -52.52 and a beta of 0.01. The business’s 50 day moving average is $49.32 and its 200-day moving average is $49.43.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in XONE. Jane Street Group LLC acquired a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 1st quarter valued at about $1,863,000. Flow Traders U.S. LLC bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter worth about $275,000. NewEdge Advisors LLC grew its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 176.5% in the second quarter. NewEdge Advisors LLC now owns 101,277 shares of the company’s stock worth $5,026,000 after purchasing an additional 64,655 shares in the last quarter. Diversify Wealth Management LLC grew its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 17.7% in the second quarter. Diversify Wealth Management LLC now owns 13,465 shares of the company’s stock worth $667,000 after purchasing an additional 2,021 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the second quarter valued at about $993,000. 47.99% of the stock is owned by institutional investors and hedge funds.
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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