North Forty Two & Co. Purchases New Stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF $XTWO

North Forty Two & Co. purchased a new position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) in the third quarter, Holdings Channel.com reports. The fund purchased 42,320 shares of the company’s stock, valued at approximately $2,046,000. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF makes up about 1.7% of North Forty Two & Co.’s portfolio, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Elm3 Financial Group LLC purchased a new stake in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF during the 3rd quarter valued at approximately $296,000. Janney Montgomery Scott LLC lifted its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 13.7% in the first quarter. Janney Montgomery Scott LLC now owns 12,476 shares of the company’s stock valued at $615,000 after acquiring an additional 1,499 shares during the last quarter. Strait & Sound Wealth Management LLC grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 3.5% in the first quarter. Strait & Sound Wealth Management LLC now owns 45,557 shares of the company’s stock worth $2,246,000 after acquiring an additional 1,533 shares during the period. S&A Financial Services Inc. purchased a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the first quarter worth approximately $2,337,000. Finally, Bank of America Corp DE grew its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 12.6% in the first quarter. Bank of America Corp DE now owns 76,857 shares of the company’s stock worth $3,789,000 after acquiring an additional 8,576 shares during the period.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

XTWO stock traded down $0.04 during midday trading on Monday, hitting $48.40. 34,013 shares of the company’s stock were exchanged, compared to its average volume of 53,273. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a 1-year low of $48.17 and a 1-year high of $49.69. The business has a 50-day simple moving average of $48.55 and a two-hundred day simple moving average of $48.82.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Profile

The Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) 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 two years. XTWO was launched on Sep 13, 2022 and is managed by BondBloxx.