Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $49.18 and traded as high as $49.21. BondBloxx Bloomberg One Year Target Duration US Treasury ETF shares last traded at $49.21, with a volume of 110,478 shares changing hands.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance
The stock has a 50 day moving average price of $49.18 and a 200 day moving average price of $49.35. The company has a market cap of $864.13 million, a P/E ratio of -52.35 and a beta of 0.01.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of XONE. Tanager Wealth Management LLP raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 69.4% in 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 in the last quarter. S&A Financial Services Inc. acquired a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 1st quarter valued at about $4,823,000. Empowered Funds LLC lifted its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 12.8% in the 1st quarter. Empowered Funds LLC now owns 174,600 shares of the company’s stock valued at $8,622,000 after acquiring an additional 19,800 shares during the last quarter. Bank of America Corp DE boosted its position in shares of 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. Finally, Confluence Investment Management LLC bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 2nd quarter valued at about $2,986,000. 47.99% of the stock is owned by institutional investors and hedge funds.
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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