Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report) saw unusually-strong trading volume on Wednesday. Approximately 179,268 shares traded hands during mid-day trading, an increase of 47% from the average daily volume of 122,145 shares. The stock last traded at $49.0950 and had previously closed at $49.12.
BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance
The company has a market capitalization of $864.47 million, a P/E ratio of -52.22 and a beta of 0.01. The business’s fifty day simple moving average is $49.16 and its 200-day simple moving average is $49.34.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in XONE. Cassaday & Co Wealth Management LLC purchased a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the first quarter worth about $68,000. Latitude Advisors LLC purchased a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 3rd quarter valued at approximately $73,000. Measured Risk Portfolios Inc. purchased a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 3rd quarter valued at approximately $221,000. Formidable Asset Management LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 3rd quarter worth approximately $228,000. Finally, Compass Financial Management LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 2nd quarter worth approximately $308,000. Hedge funds and other institutional investors own 47.99% of the company’s stock.
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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