Gradient Investments LLC Increases Position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF $XSVN

Gradient Investments LLC increased its position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) by 10.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 899,690 shares of the company’s stock after acquiring an additional 88,585 shares during the quarter. Gradient Investments LLC owned approximately 0.16% of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF worth $43,225,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XSVN. Raymond James Financial Inc. acquired a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the 2nd quarter valued at $29,000. RDA Financial Network acquired a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the third quarter worth $206,000. Cetera Investment Advisers acquired a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the second quarter worth $227,000. Envestnet Asset Management Inc. acquired a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the second quarter worth $251,000. Finally, Faithward Advisors LLC purchased a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the second quarter valued at $333,000.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Trading Down 0.9%

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF stock opened at $47.43 on Monday. The stock has a fifty day moving average price of $48.15 and a 200 day moving average price of $48.26. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 52 week low of $46.46 and a 52 week high of $48.98.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1457 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Profile

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