BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) Short Interest Update

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 75,085 shares, a growth of 103.7% from the January 29th total of 36,856 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 117,063 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 117,063 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of XTEN. JPMorgan Chase & Co. boosted its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 86.9% during the second quarter. JPMorgan Chase & Co. now owns 1,345,190 shares of the company’s stock valued at $62,094,000 after buying an additional 625,614 shares in the last quarter. Bank of America Corp DE boosted its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 47.9% during the 2nd quarter. Bank of America Corp DE now owns 928,641 shares of the company’s stock valued at $42,866,000 after purchasing an additional 300,912 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 48.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 733,740 shares of the company’s stock valued at $33,869,000 after purchasing an additional 238,935 shares in the last quarter. Gradient Investments LLC grew its stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 53.8% in the 3rd quarter. Gradient Investments LLC now owns 667,789 shares of the company’s stock worth $31,139,000 after purchasing an additional 233,638 shares during the last quarter. Finally, Park Avenue Securities LLC bought a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 3rd quarter worth approximately $8,833,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA:XTEN traded up $0.22 during trading on Friday, reaching $47.47. 89,633 shares of the company’s stock traded hands, compared to its average volume of 119,206. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $44.38 and a 12 month high of $47.82. The company has a 50 day moving average of $46.46 and a 200-day moving average of $46.56.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.166 dividend. This is a positive change from BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.