BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Hits New 1-Year Low – Here’s What Happened

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as $50.09 and last traded at $50.0950, with a volume of 35868 shares changing hands. The stock had previously closed at $50.25.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Down 0.3%

The business has a 50 day simple moving average of $50.22 and a 200-day simple moving average of $50.24.

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

Several hedge funds have recently modified their holdings of the stock. Bank OZK increased its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.6% during the second quarter. Bank OZK now owns 5,627 shares of the company’s stock worth $283,000 after purchasing an additional 299 shares during the last quarter. Nemes Rush Group LLC grew its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% during the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock valued at $70,000 after buying an additional 397 shares during the period. Gibbs Wealth Management increased its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.4% during the 1st quarter. Gibbs Wealth Management now owns 9,358 shares of the company’s stock worth $471,000 after buying an additional 478 shares during the last quarter. Stadion Money Management LLC increased its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.3% during the 4th quarter. Stadion Money Management LLC now owns 172,629 shares of the company’s stock worth $8,675,000 after buying an additional 600 shares during the last quarter. Finally, Sigma Planning Corp raised its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.7% in the 1st quarter. Sigma Planning Corp now owns 156,840 shares of the company’s stock worth $7,894,000 after buying an additional 1,067 shares during the period.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

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.