BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $49.18 and last traded at $49.1850, with a volume of 10159 shares trading hands. The stock had previously closed at $49.35.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance
The firm has a market capitalization of $826.80 million, a PE ratio of -52.32 and a beta of 0.01. The stock has a fifty day moving average price of $49.31 and a 200-day moving average price of $49.39.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.9% during the 1st quarter. Bank of America Corp DE now owns 2,002,123 shares of the company’s stock valued at $99,145,000 after purchasing an additional 93,806 shares in the last quarter. Tanager Wealth Management LLP boosted its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 69.4% during the second quarter. Tanager Wealth Management LLP now owns 943,490 shares of the company’s stock worth $46,580,000 after acquiring an additional 386,502 shares during the last quarter. Focus Partners Wealth lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 6.3% in the 4th quarter. Focus Partners Wealth now owns 793,807 shares of the company’s stock worth $39,442,000 after purchasing an additional 47,191 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 460,466.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 635,582 shares of the company’s stock worth $31,484,000 after acquiring an additional 635,444 shares during the period. Finally, Cetera Investment Advisers raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 22.6% during the first quarter. Cetera Investment Advisers now owns 222,999 shares of the company’s stock worth $11,043,000 after purchasing an additional 41,110 shares during the period. 47.99% of the stock is currently owned by hedge funds and other institutional investors.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile
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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