BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Large Drop in Short Interest

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLFGet Free Report) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 21,314 shares, a decrease of 81.9% from the February 26th total of 118,056 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 459,264 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 459,264 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are short sold.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

Shares of XHLF remained flat at $50.29 during mid-day trading on Tuesday. 710,491 shares of the stock traded hands, compared to its average volume of 471,675. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a one year low of $50.17 and a one year high of $50.42. The stock has a 50 day moving average of $50.29 and a 200-day moving average of $50.31.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.1398 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, March 2nd.

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

A number of hedge funds have recently made changes to their positions in the business. ST Germain D J Co. Inc. acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the third quarter worth $25,000. IFP Advisors Inc increased 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. bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the third quarter worth about $41,000. Northwestern Mutual Wealth Management Co. raised its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock worth $46,000 after purchasing an additional 872 shares in the last quarter. Finally, Nemes Rush Group LLC acquired a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter worth about $50,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

(Get Free Report)

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.

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