BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Strong Trading Volume – Should You Buy?

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) shares saw strong trading volume on Friday . 1,908,585 shares were traded during trading, an increase of 633% from the previous session’s volume of 260,418 shares.The stock last traded at $50.24 and had previously closed at $50.22.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Trading Up 0.0 %

The firm has a 50-day moving average of $50.26 and a two-hundred day moving average of $50.26.

Institutional Trading of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of XHLF. Signal Advisors Wealth LLC lifted its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 60.4% in the fourth quarter. Signal Advisors Wealth LLC now owns 54,485 shares of the company’s stock worth $2,744,000 after buying an additional 20,516 shares during the last quarter. Laurel Wealth Advisors LLC lifted its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 12.8% in the 4th quarter. Laurel Wealth Advisors LLC now owns 113,700 shares of the company’s stock worth $5,705,000 after purchasing an additional 12,865 shares during the last quarter. Sugar Maple Asset Management LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the fourth quarter worth approximately $931,000. Janney Montgomery Scott LLC raised its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 11.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 35,626 shares of the company’s stock valued at $1,788,000 after purchasing an additional 3,563 shares during the period. Finally, Endeavor Private Wealth Inc. bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 4th quarter worth $77,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.