Gradient Investments LLC Purchases 323,684 Shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV)

Gradient Investments LLC raised its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) by 56.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 898,410 shares of the company’s stock after purchasing an additional 323,684 shares during the quarter. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF accounts for approximately 0.9% of Gradient Investments LLC’s holdings, making the stock its 29th biggest position. Gradient Investments LLC owned about 52.54% of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF worth $43,097,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in XFIV. Endeavor Private Wealth Inc. bought a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the fourth quarter valued at approximately $124,000. Wealthcare Advisory Partners LLC boosted its stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 14.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 27,772 shares of the company’s stock worth $1,332,000 after acquiring an additional 3,581 shares during the last quarter. Jane Street Group LLC grew its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 104.6% during the 3rd quarter. Jane Street Group LLC now owns 13,174 shares of the company’s stock valued at $659,000 after acquiring an additional 6,734 shares during the period. Paladin Wealth LLC purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 3rd quarter worth $610,000. Finally, CWM LLC raised its holdings in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 270.3% in the 3rd quarter. CWM LLC now owns 5,644 shares of the company’s stock worth $282,000 after purchasing an additional 4,120 shares during the period.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Price Performance

NYSEARCA:XFIV opened at $47.97 on Friday. The stock has a 50-day simple moving average of $48.16 and a two-hundred day simple moving average of $48.88. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 52-week low of $47.22 and a 52-week high of $50.33.

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.