Gradient Investments LLC Buys New Position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF $XTEN

Gradient Investments LLC acquired a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,652,345 shares of the company’s stock, valued at approximately $70,026,000. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF comprises 1.0% of Gradient Investments LLC’s portfolio, making the stock its 19th biggest position. Gradient Investments LLC owned about 5.34% of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in XTEN. Bank of America Corp DE increased its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 13.3% in the 1st quarter. Bank of America Corp DE now owns 815,133 shares of the company’s stock valued at $37,382,000 after acquiring an additional 95,544 shares during the period. Horst & Graben Wealth Management LLC lifted its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 5.2% in the first quarter. Horst & Graben Wealth Management LLC now owns 441,933 shares of the company’s stock valued at $20,249,000 after acquiring an additional 21,888 shares in the last quarter. Heck Capital Advisors LLC raised its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 7.2% in the second quarter. Heck Capital Advisors LLC now owns 239,985 shares of the company’s stock valued at $10,939,000 after buying an additional 16,099 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the first quarter worth about $9,111,000. Finally, DUTCH ASSET Corp purchased a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 4th quarter worth about $8,530,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTEN traded up $0.23 on Thursday, hitting $42.34. The company had a trading volume of 497,516 shares, compared to its average volume of 245,437. The business has a 50 day moving average of $43.77 and a two-hundred day moving average of $44.79. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12-month low of $41.84 and a 12-month high of $47.50.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.