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

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw unusually-high trading volume on Tuesday . Approximately 1,593,066 shares changed hands during trading, an increase of 142% from the previous session’s volume of 659,173 shares.The stock last traded at $50.3650 and had previously closed at $50.35.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

The business’s fifty day simple moving average is $50.32 and its two-hundred day simple moving average is $50.32.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

A number of hedge funds have recently bought and sold shares of XHLF. ST Germain D J Co. Inc. purchased a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the third quarter valued at approximately $25,000. IFP Advisors Inc raised its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the third quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after acquiring an additional 600 shares during the period. Mather Group LLC. purchased a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the third quarter valued at $41,000. Nemes Rush Group LLC acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the second quarter valued at about $50,000. Finally, Vermillion & White Wealth Management Group LLC purchased a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the third quarter worth about $65,000.

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.