eCIO Inc. Raises Holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

eCIO Inc. lifted its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 29.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 78,369 shares of the company’s stock after acquiring an additional 17,829 shares during the quarter. BondBloxx Bloomberg One Year Target Duration US Treasury ETF makes up 1.8% of eCIO Inc.’s investment portfolio, making the stock its 14th largest position. eCIO Inc. owned approximately 0.57% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $3,882,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the first quarter valued at about $1,863,000. Flow Traders U.S. LLC purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the second quarter worth about $275,000. NewEdge Advisors LLC increased its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 176.5% in the second quarter. NewEdge Advisors LLC now owns 101,277 shares of the company’s stock worth $5,026,000 after purchasing an additional 64,655 shares in the last quarter. Diversify Wealth Management LLC raised its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 17.7% in the second quarter. Diversify Wealth Management LLC now owns 13,465 shares of the company’s stock valued at $667,000 after purchasing an additional 2,021 shares during the period. Finally, Quantinno Capital Management LP bought a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the second quarter valued at approximately $993,000. Hedge funds and other institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

Shares of XONE stock opened at $49.38 on Friday. The firm’s 50 day moving average is $49.52 and its 200 day moving average is $49.57. The stock has a market capitalization of $751.07 million, a P/E ratio of -52.53 and a beta of 0.08. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 12 month low of $49.35 and a 12 month high of $49.78.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1358 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.3%. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s dividend payout ratio is currently -218.09%.

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.