Envestnet Asset Management Inc. Buys 84,214 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE)

Envestnet Asset Management Inc. lifted its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 41.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 287,720 shares of the company’s stock after purchasing an additional 84,214 shares during the quarter. Envestnet Asset Management Inc. owned about 2.25% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $14,305,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter worth $216,000. Axxcess Wealth Management LLC purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter worth $217,000. LPL Financial LLC raised its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 6.2% in the fourth quarter. LPL Financial LLC now owns 6,338 shares of the company’s stock worth $314,000 after purchasing an additional 368 shares during the last quarter. Nemes Rush Group LLC purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter worth $2,517,000. Finally, Creekmur Asset Management LLC raised its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 17.5% in the fourth quarter. Creekmur Asset Management LLC now owns 2,680 shares of the company’s stock worth $133,000 after purchasing an additional 400 shares during the last quarter. 47.99% of the stock is currently owned by institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

XONE stock opened at $49.51 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 $49.98. The business has a fifty day moving average price of $49.50 and a 200-day moving average price of $49.57. The stock has a market capitalization of $631.75 million, a P/E ratio of -52.67 and a beta of -0.15.

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.