BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Stock Price Down 1.1% – Here’s Why

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) shares traded down 1.1% during mid-day trading on Monday. The stock traded as low as $33.32 and last traded at $33.48. 47,061 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 43,629 shares. The stock had previously closed at $33.86.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

The business’s 50-day simple moving average is $35.22 and its two-hundred day simple moving average is $36.49.

Hedge Funds Weigh In On BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

A number of large investors have recently bought and sold shares of the business. Gradient Investments LLC acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the second quarter valued at approximately $44,326,000. Bank of America Corp DE raised its stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% during the 1st quarter. Bank of America Corp DE now owns 357,168 shares of the company’s stock worth $13,426,000 after buying an additional 34,244 shares during the period. DUTCH ASSET Corp lifted its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% during the 1st quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock valued at $11,713,000 after buying an additional 31,170 shares in the last quarter. STAR Financial Bank lifted its position in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 2.3% during the 4th quarter. STAR Financial Bank now owns 105,910 shares of the company’s stock valued at $4,008,000 after buying an additional 2,394 shares in the last quarter. Finally, Brown Financial Advisors acquired a new stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF in the 2nd quarter valued at $3,124,000.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY) 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 twenty years. XTWY was launched on Sep 13, 2022 and is managed by BondBloxx.