BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Short Interest Down 81.9% in March

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 21,314 shares, a decline of 81.9% from the February 26th total of 118,056 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 459,264 shares, the days-to-cover ratio is presently 0.0 days.

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

Hedge funds have recently modified their holdings of the stock. Laurel Wealth Advisors LLC increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5,375.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,558,296 shares of the company’s stock worth $330,145,000 after purchasing an additional 6,438,526 shares in the last quarter. Q3 Asset Management purchased a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $172,701,000. Total Investment Management Inc. purchased a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $93,670,000. SoundView Advisors Inc. acquired a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the fourth quarter worth about $26,090,000. Finally, Royal Bank of Canada boosted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,592.7% in the fourth quarter. Royal Bank of Canada now owns 434,720 shares of the company’s stock worth $21,845,000 after buying an additional 409,038 shares during the period.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA:XHLF remained flat at $50.30 on Thursday. The stock had a trading volume of 190,530 shares, compared to its average volume of 463,775. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a one year low of $50.17 and a one year high of $50.42. The firm has a fifty day simple moving average of $50.29 and a 200 day simple moving average of $50.31.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1398 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 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.