Orion Porfolio Solutions LLC Sells 56,202 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Orion Porfolio Solutions LLC trimmed its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 27.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 151,092 shares of the company’s stock after selling 56,202 shares during the period. Orion Porfolio Solutions LLC’s holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF were worth $7,503,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of XONE. eCIO Inc. raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 299.7% in the third quarter. eCIO Inc. now owns 60,540 shares of the company’s stock valued at $3,006,000 after buying an additional 45,393 shares during the last quarter. Mendel Money Management acquired a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the third quarter valued at about $850,000. Syon Capital LLC increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 13.0% during the third quarter. Syon Capital LLC now owns 90,484 shares of the company’s stock valued at $4,493,000 after acquiring an additional 10,412 shares in the last quarter. Wealthcare Advisory Partners LLC raised its position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.1% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 34,736 shares of the company’s stock valued at $1,725,000 after purchasing an additional 724 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 8.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 93,756 shares of the company’s stock worth $4,656,000 after purchasing an additional 7,106 shares in the last quarter. 47.99% of the stock is currently owned by institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Trading Up 0.1%

NYSEARCA:XONE opened at $49.49 on Friday. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a twelve month low of $49.40 and a twelve month high of $49.78. The company has a market cap of $716.12 million, a PE ratio of -52.65 and a beta of 0.08. The company’s 50 day moving average is $49.56 and its two-hundred day moving average is $49.59.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1358 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s payout ratio is -221.28%.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Profile

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.