NewEdge Advisors LLC Sells 22,407 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

NewEdge Advisors LLC trimmed its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 31.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 49,515 shares of the company’s stock after selling 22,407 shares during the period. NewEdge Advisors LLC’s holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF were worth $2,452,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Silver Oak Securities Incorporated increased its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 3.9% during the 1st quarter. Silver Oak Securities Incorporated now owns 8,417 shares of the company’s stock valued at $417,000 after buying an additional 317 shares in the last quarter. CWM LLC grew its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the fourth quarter. CWM LLC now owns 15,225 shares of the company’s stock worth $754,000 after acquiring an additional 363 shares during the last quarter. Csenge Advisory Group grew its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 10.1% during the fourth quarter. Csenge Advisory Group now owns 5,161 shares of the company’s stock worth $256,000 after acquiring an additional 475 shares during the last quarter. Beacon Capital Management Inc. increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 304.4% during the fourth quarter. Beacon Capital Management Inc. now owns 833 shares of the company’s stock valued at $41,000 after acquiring an additional 627 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 33.1% during the fourth quarter. Royal Bank of Canada now owns 2,701 shares of the company’s stock valued at $134,000 after acquiring an additional 672 shares in the last quarter. Hedge funds and other institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Up 0.0%

Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF stock opened at $49.33 on Friday. The firm has a market capitalization of $829.24 million, a P/E ratio of -52.48 and a beta of 0.01. The company has a 50 day moving average price of $49.30 and a 200 day moving average price of $49.41. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52 week low of $49.20 and a 52 week high of $49.70.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

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.