Avantax Advisory Services Inc. Sells 3,219 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Avantax Advisory Services Inc. trimmed its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 1.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 177,587 shares of the company’s stock after selling 3,219 shares during the period. Avantax Advisory Services Inc. owned about 1.39% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $8,814,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp grew its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 67.6% during the first quarter. Bank of New York Mellon Corp now owns 7,313 shares of the company’s stock valued at $364,000 after acquiring an additional 2,950 shares during the last quarter. Formidable Asset Management LLC boosted its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 7.4% in the 1st quarter. Formidable Asset Management LLC now owns 5,191 shares of the company’s stock valued at $258,000 after purchasing an additional 357 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 62.1% during the 1st quarter. IFP Advisors Inc now owns 23,080 shares of the company’s stock valued at $1,148,000 after purchasing an additional 8,839 shares during the last quarter. AE Wealth Management LLC raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 22.0% in the 1st quarter. AE Wealth Management LLC now owns 935,651 shares of the company’s stock worth $46,521,000 after purchasing an additional 168,495 shares during the period. Finally, Cetera Investment Advisers raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 22.7% in the 1st quarter. Cetera Investment Advisers now owns 56,938 shares of the company’s stock worth $2,831,000 after purchasing an additional 10,541 shares during the period. 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

NYSEARCA XONE opened at $49.56 on Tuesday. The company has a 50-day simple moving average of $49.61 and a two-hundred day simple moving average of $49.55. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 12-month low of $49.40 and a 12-month high of $49.78. The firm has a market cap of $659.64 million, a price-to-earnings ratio of -52.72 and a beta of 0.08.

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.