BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Sets New 1-Year Low – What’s Next?

by · The Markets Daily

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $49.15 and last traded at $49.1450, with a volume of 76215 shares trading hands. The stock had previously closed at $49.17.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

The firm’s 50-day moving average price is $49.29 and its 200 day moving average price is $49.36. The company has a market cap of $826.13 million, a price-to-earnings ratio of -52.28 and a beta of 0.01.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cassaday & Co Wealth Management LLC bought a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the 1st quarter valued at $68,000. Capital Investment Counsel LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the first quarter valued at about $230,000. Csenge Advisory Group lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 10.1% in the fourth quarter. Csenge Advisory Group now owns 5,161 shares of the company’s stock valued at $256,000 after buying an additional 475 shares during the period. Compass Financial Management LLC acquired a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the second quarter valued at about $308,000. Finally, Silver Oak Securities Incorporated boosted its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 3.9% during the first quarter. Silver Oak Securities Incorporated now owns 8,417 shares of the company’s stock worth $417,000 after buying an additional 317 shares during the last quarter. 47.99% of the stock is owned by institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company Profile

(Get Free Report)

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.

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