Northwestern Mutual Wealth Management Co. Purchases 635,444 Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Northwestern Mutual Wealth Management Co. grew its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) by 460,466.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 635,582 shares of the company’s stock after acquiring an additional 635,444 shares during the period. Northwestern Mutual Wealth Management Co. owned 4.39% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF worth $31,484,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Smart Portfolios LLC lifted its stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 0.5% in the 3rd quarter. Smart Portfolios LLC now owns 63,474 shares of the company’s stock valued at $3,152,000 after acquiring an additional 332 shares during the last quarter. CWM LLC raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% in the 4th quarter. CWM LLC now owns 15,225 shares of the company’s stock valued at $754,000 after buying an additional 363 shares during the last quarter. Formidable Asset Management LLC raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 8.6% in the 3rd quarter. Formidable Asset Management LLC now owns 5,636 shares of the company’s stock valued at $280,000 after buying an additional 445 shares during the last quarter. Sugar Maple Asset Management LLC raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% in the 3rd quarter. Sugar Maple Asset Management LLC now owns 19,453 shares of the company’s stock valued at $966,000 after buying an additional 452 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its holdings in 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 buying an additional 724 shares during the last quarter. 47.99% of the stock is currently owned by institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XONE opened at $49.38 on Tuesday. The company has a 50 day simple moving average of $49.44 and a 200 day simple moving average of $49.53. The firm has a market cap of $718.97 million, a PE ratio of -52.53 and a beta of 0.01. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 1 year low of $49.32 and a 1 year high of $49.70.

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.