Cambridge Investment Research Advisors Inc. Raises Stock Position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE)

Cambridge Investment Research Advisors Inc. boosted its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 7.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,605 shares of the company’s stock after purchasing an additional 339 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF were worth $229,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of XONE. Straightline Group LLC purchased a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 4th quarter valued at $44,079,000. Focus Partners Wealth purchased a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter valued at about $37,474,000. Bank of America Corp DE grew its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 312.4% in the fourth quarter. Bank of America Corp DE now owns 658,123 shares of the company’s stock valued at $32,603,000 after purchasing an additional 498,528 shares during the period. Wells Fargo & Company MN purchased a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter valued at about $14,511,000. Finally, Buck Wealth Strategies LLC purchased a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the first quarter worth about $11,581,000. Hedge funds and other institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

Shares of XONE stock opened at $49.47 on Monday. The firm has a market cap of $629.26 million, a PE ratio of -52.63 and a beta of -0.15. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 1-year low of $49.40 and a 1-year high of $49.98. The company has a 50-day moving average of $49.51 and a two-hundred day moving average of $49.58.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company 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.