BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE Stock Purchased by Tanager Wealth Management LLP

Tanager Wealth Management LLP increased its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 33.6% in the 3rd quarter, Holdings Channel reports. The firm owned 1,260,741 shares of the company’s stock after buying an additional 317,251 shares during the period. BondBloxx Bloomberg One Year Target Duration US Treasury ETF accounts for approximately 5.2% of Tanager Wealth Management LLP’s holdings, making the stock its 5th biggest position. Tanager Wealth Management LLP owned about 0.07% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $62,016,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XONE. North Forty Two & Co. boosted its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 4.7% in the third quarter. North Forty Two & Co. now owns 102,520 shares of the company’s stock worth $5,043,000 after purchasing an additional 4,600 shares during the last quarter. Elm3 Financial Group LLC grew its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 36.6% in the 3rd quarter. Elm3 Financial Group LLC now owns 7,535 shares of the company’s stock worth $371,000 after purchasing an additional 2,018 shares during the period. Confluence Investment Management LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 3rd quarter worth approximately $2,972,000. Envestnet Asset Management Inc. raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 16.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 105,029 shares of the company’s stock valued at $5,185,000 after buying an additional 15,194 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 16.1% during the 2nd quarter. NewEdge Advisors LLC now owns 57,470 shares of the company’s stock valued at $2,837,000 after buying an additional 7,955 shares during the last quarter. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XONE traded down $0.01 during midday trading on Monday, hitting $49.17. 87,915 shares of the stock traded hands, compared to its average volume of 123,232. The firm has a 50-day moving average of $49.21 and a two-hundred day moving average of $49.30. The firm has a market capitalization of $838.84 million, a P/E ratio of -52.31 and a beta of 0.01. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a one year low of $49.02 and a one year high of $49.70.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company 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.