Gradient Investments LLC Sells 29,518 Shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV)

Gradient Investments LLC decreased its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) by 4.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 590,817 shares of the company’s stock after selling 29,518 shares during the period. Gradient Investments LLC owned approximately 34.55% of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF worth $28,495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in XFIV. CWM LLC purchased a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth about $74,000. Belpointe Asset Management LLC bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the fourth quarter valued at approximately $277,000. Sunbelt Securities Inc. bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the first quarter valued at approximately $332,000. Wealthcare Advisory Partners LLC bought a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 1st quarter worth approximately $940,000. Finally, International Assets Investment Management LLC purchased a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 4th quarter valued at $19,300,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

XFIV stock traded up $0.10 during midday trading on Friday, reaching $49.52. The company’s stock had a trading volume of 7,100 shares, compared to its average volume of 17,173. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 1 year low of $46.53 and a 1 year high of $50.06. The stock has a fifty day simple moving average of $48.69 and a two-hundred day simple moving average of $48.29.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Company Profile

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