Bank of America Corp DE Has $99.14 Million Stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Bank of America Corp DE boosted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 4.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,002,123 shares of the company’s stock after acquiring an additional 93,806 shares during the quarter. Bank of America Corp DE owned 13.75% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $99,145,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 543.1% during the 1st quarter. Royal Bank of Canada now owns 17,370 shares of the company’s stock worth $860,000 after purchasing an additional 14,669 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 12.8% during the first quarter. Empowered Funds LLC now owns 174,600 shares of the company’s stock worth $8,622,000 after buying an additional 19,800 shares in the last quarter. Quantinno Capital Management LP grew its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.8% during the first quarter. Quantinno Capital Management LP now owns 20,967 shares of the company’s stock worth $1,038,000 after buying an additional 955 shares in the last quarter. Lido Advisors LLC raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 1.1% in the 1st quarter. Lido Advisors LLC now owns 68,650 shares of the company’s stock valued at $3,400,000 after buying an additional 748 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 22.6% in the 1st quarter. Cetera Investment Advisers now owns 222,999 shares of the company’s stock valued at $11,043,000 after buying an additional 41,110 shares during the last quarter. 47.99% of the stock is owned by institutional investors and hedge funds.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

NYSEARCA XONE opened at $49.29 on Friday. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52 week low of $49.20 and a 52 week high of $49.70. The stock’s 50 day moving average price is $49.30 and its two-hundred day moving average price is $49.42. The stock has a market capitalization of $828.56 million, a price-to-earnings ratio of -52.44 and a beta of 0.01.

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.