Smith Moore & CO. Grows Stock Position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Smith Moore & CO. boosted its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 49.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 741,133 shares of the company’s stock after purchasing an additional 243,994 shares during the period. BondBloxx Bloomberg One Year Target Duration US Treasury ETF accounts for approximately 2.8% of Smith Moore & CO.’s holdings, making the stock its 5th largest holding. Smith Moore & CO. owned approximately 5.57% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $36,805,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of XONE. Bank of America Corp DE increased its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 33.6% in the second quarter. Bank of America Corp DE now owns 1,418,134 shares of the company’s stock valued at $70,382,000 after buying an additional 356,783 shares in the last quarter. AE Wealth Management LLC grew its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5.7% during the 3rd quarter. AE Wealth Management LLC now owns 1,114,335 shares of the company’s stock worth $55,338,000 after acquiring an additional 59,800 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5,493.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 867,533 shares of the company’s stock worth $43,056,000 after acquiring an additional 852,023 shares during the last quarter. Tanager Wealth Management LLP increased its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 73.7% in the 3rd quarter. Tanager Wealth Management LLP now owns 321,667 shares of the company’s stock valued at $15,974,000 after acquiring an additional 136,448 shares in the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 7.8% in the second quarter. Orion Porfolio Solutions LLC now owns 207,294 shares of the company’s stock worth $10,288,000 after acquiring an additional 15,024 shares during the last quarter. Institutional investors and hedge funds own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Trading Down 0.0%

Shares of XONE stock opened at $49.45 on Friday. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 1 year low of $49.40 and a 1 year high of $49.78. The firm’s 50 day moving average is $49.57 and its 200-day moving average is $49.59. The firm has a market capitalization of $715.54 million, a price-to-earnings ratio of -52.61 and a beta of 0.08.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1358 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.3%. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s dividend payout ratio is currently -221.28%.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF 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.