Newport Capital Group LLC Purchases New Stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF $XTEN

Newport Capital Group LLC acquired a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 93,175 shares of the company’s stock, valued at approximately $4,089,000. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF makes up about 2.7% of Newport Capital Group LLC’s investment portfolio, making the stock its 12th biggest holding. Newport Capital Group LLC owned approximately 0.30% of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gradient Investments LLC grew its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 121.8% during the 2nd quarter. Gradient Investments LLC now owns 1,904,730 shares of the company’s stock worth $86,818,000 after buying an additional 1,045,980 shares in the last quarter. Bank of America Corp DE increased its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 13.3% during the first quarter. Bank of America Corp DE now owns 815,133 shares of the company’s stock valued at $37,382,000 after buying an additional 95,544 shares during the period. Horst & Graben Wealth Management LLC increased its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 5.2% during the first quarter. Horst & Graben Wealth Management LLC now owns 441,933 shares of the company’s stock valued at $20,249,000 after buying an additional 21,888 shares during the period. Heck Capital Advisors LLC raised its holdings in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 7.2% in the second quarter. Heck Capital Advisors LLC now owns 239,985 shares of the company’s stock valued at $10,939,000 after acquiring an additional 16,099 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the first quarter valued at about $9,111,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Up 0.1%

NYSEARCA:XTEN traded up $0.04 during mid-day trading on Friday, reaching $43.12. The company’s stock had a trading volume of 312,546 shares, compared to its average volume of 245,974. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 1 year low of $41.84 and a 1 year high of $47.50. The stock has a fifty day moving average of $43.52 and a 200-day moving average of $44.66.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.