BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 79,453 shares, a decrease of 60.9% from the July 30th total of 203,367 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 104,780 shares, the short-interest ratio is currently 0.8 days.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance
NYSEARCA:XONE traded down $0.03 during mid-day trading on Friday, hitting $49.35. 109,444 shares of the company’s stock traded hands, compared to its average volume of 117,000. The firm’s 50 day simple moving average is $49.31 and its 200 day simple moving average is $49.40. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 1 year low of $49.20 and a 1 year high of $49.70. The company has a market cap of $829.57 million, a PE ratio of -52.50 and a beta of 0.01.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of XONE. Silver Oak Securities Incorporated raised its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 3.9% during the 1st quarter. Silver Oak Securities Incorporated now owns 8,417 shares of the company’s stock worth $417,000 after purchasing an additional 317 shares during the last quarter. CWM LLC grew its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the 4th quarter. CWM LLC now owns 15,225 shares of the company’s stock valued at $754,000 after buying an additional 363 shares during the last quarter. Csenge Advisory Group grew its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 10.1% during the 4th quarter. Csenge Advisory Group now owns 5,161 shares of the company’s stock valued at $256,000 after buying an additional 475 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.0% during the second quarter. Dynamic Advisor Solutions LLC now owns 25,496 shares of the company’s stock worth $1,259,000 after buying an additional 498 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 23,044 shares of the company’s stock worth $1,138,000 after buying an additional 540 shares in the last quarter. 47.99% of the stock is owned by hedge funds and other 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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