Gradient Investments LLC Sells 910,061 Shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF $XTRE

Gradient Investments LLC lessened its stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (NYSEARCA:XTRE) by 99.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,336 shares of the company’s stock after selling 910,061 shares during the quarter. Gradient Investments LLC’s holdings in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF were worth $262,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in XTRE. Global Retirement Partners LLC boosted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 177.6% in the fourth quarter. Global Retirement Partners LLC now owns 1,002 shares of the company’s stock valued at $50,000 after acquiring an additional 641 shares during the last quarter. Tucker Asset Management LLC purchased a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 4th quarter worth approximately $60,000. AQR Capital Management LLC purchased a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF during the 4th quarter worth approximately $210,000. Cetera Investment Advisers bought a new stake in shares of BondBloxx Bloomberg Three Year Target Duration US Treasury ETF in the 4th quarter worth approximately $231,000. Finally, Janney Montgomery Scott LLC lifted its stake in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF by 12.4% in the first quarter. Janney Montgomery Scott LLC now owns 4,770 shares of the company’s stock valued at $236,000 after purchasing an additional 525 shares during the last quarter.

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTRE opened at $48.70 on Tuesday. The stock has a fifty day simple moving average of $48.86 and a two-hundred day simple moving average of $49.28. BondBloxx Bloomberg Three Year Target Duration US Treasury ETF has a 1-year low of $48.64 and a 1-year high of $50.15.

About BondBloxx Bloomberg Three Year Target Duration US Treasury ETF

The Bondbloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) 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 three years. XTRE was launched on Sep 13, 2022 and is managed by BondBloxx.