BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Strong Trading Volume – What’s Next?

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) shares saw unusually-high trading volume on Friday . Approximately 440,531 shares changed hands during mid-day trading, an increase of 88% from the previous session’s volume of 233,761 shares.The stock last traded at $50.26 and had previously closed at $50.25.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

The company has a 50-day moving average of $50.26 and a 200-day moving average of $50.25.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Pineridge Advisors LLC boosted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 41.1% during the 2nd quarter. Pineridge Advisors LLC now owns 2,199,830 shares of the company’s stock valued at $110,607,000 after purchasing an additional 641,053 shares during the period. Carrera Capital Advisors acquired a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the third quarter worth about $94,235,000. Tanager Wealth Management LLP lifted its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.6% in the third quarter. Tanager Wealth Management LLP now owns 1,353,359 shares of the company’s stock worth $68,263,000 after purchasing an additional 71,222 shares during the period. Northland Capital Management LLC acquired a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 3rd quarter worth approximately $23,873,000. Finally, CWM LLC lifted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 2.5% during the third quarter. CWM LLC now owns 443,091 shares of the company’s stock valued at $22,350,000 after buying an additional 10,698 shares in the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.