Syon Capital LLC Grows Position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Syon Capital LLC grew its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 13.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,484 shares of the company’s stock after acquiring an additional 10,412 shares during the quarter. Syon Capital LLC owned about 0.68% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $4,493,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management acquired a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 2nd quarter valued at approximately $215,000. Kingdom Financial Group LLC. acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter valued at $232,000. Csenge Advisory Group bought a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the third quarter valued at approximately $233,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 3rd quarter valued at $246,000. Finally, LifeWealth Investments LLC lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 17.7% during the second quarter. LifeWealth Investments LLC now owns 5,374 shares of the company’s stock valued at $267,000 after purchasing an additional 809 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 Price Performance

XONE stock opened at $49.57 on Wednesday. The company has a 50 day moving average price of $49.58 and a 200 day moving average price of $49.58. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a fifty-two week low of $49.40 and a fifty-two week high of $49.78. The stock has a market capitalization of $717.28 million, a PE ratio of -52.73 and a beta of 0.08.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1693 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is a boost from BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, February 2nd. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s dividend payout ratio (DPR) is presently -225.53%.

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.