BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLFGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 4,501,022 shares traded hands during trading, an increase of 1,135% from the previous session’s volume of 364,594 shares.The stock last traded at $50.3050 and had previously closed at $50.31.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

The company has a 50 day moving average of $50.33 and a 200-day moving average of $50.29.

Institutional Investors Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Large investors have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC increased its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5,375.7% in the second quarter. Laurel Wealth Advisors LLC now owns 6,558,296 shares of the company’s stock valued at $330,145,000 after purchasing an additional 6,438,526 shares during the period. Q3 Asset Management bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter worth approximately $172,701,000. Total Investment Management Inc. acquired a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 2nd quarter valued at approximately $93,670,000. a16z Perennial Management L.P. bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter valued at $70,094,000. Finally, Pasadena Private Wealth LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 3rd quarter valued at $20,397,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

(Get Free Report)

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.

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