Envestnet Asset Management Inc. Buys 48,669 Shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF $XTEN

Envestnet Asset Management Inc. grew its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) by 6.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 782,409 shares of the company’s stock after buying an additional 48,669 shares during the period. Envestnet Asset Management Inc. owned 4.65% of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF worth $36,484,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 86.9% in the second quarter. JPMorgan Chase & Co. now owns 1,345,190 shares of the company’s stock valued at $62,094,000 after acquiring an additional 625,614 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 47.9% in the 2nd quarter. Bank of America Corp DE now owns 928,641 shares of the company’s stock valued at $42,866,000 after purchasing an additional 300,912 shares during the last quarter. Gradient Investments LLC increased its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 53.8% during the third quarter. Gradient Investments LLC now owns 667,789 shares of the company’s stock worth $31,139,000 after buying an additional 233,638 shares during the period. Austin Private Wealth LLC increased its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 109.5% during the second quarter. Austin Private Wealth LLC now owns 577,059 shares of the company’s stock worth $26,637,000 after buying an additional 301,643 shares during the period. Finally, NewEdge Advisors LLC raised its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 27.7% during the second quarter. NewEdge Advisors LLC now owns 448,021 shares of the company’s stock worth $20,681,000 after buying an additional 97,109 shares during the last quarter.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Down 0.3%

Shares of XTEN opened at $46.42 on Thursday. The firm’s fifty day simple moving average is $46.32 and its two-hundred day simple moving average is $46.47. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $44.38 and a 12 month high of $47.82.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.166 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Monday, February 2nd. This is a positive change from BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.