BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) Sees Significant Decrease in Short Interest

BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,391 shares, a decrease of 86.4% from the September 30th total of 10,208 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 48,278 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of BondBloxx IR+M Tax-Aware Short Duration ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Tanager Wealth Management LLP raised its stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 0.8% during the 3rd quarter. Tanager Wealth Management LLP now owns 236,610 shares of the company’s stock worth $11,795,000 after buying an additional 1,886 shares during the period. BCGM Wealth Management LLC increased its stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 6.8% during the first quarter. BCGM Wealth Management LLC now owns 107,931 shares of the company’s stock worth $5,456,000 after purchasing an additional 6,826 shares in the last quarter. Income Research & Management purchased a new position in BondBloxx IR+M Tax-Aware Short Duration ETF in the 3rd quarter valued at about $4,835,000. Assetmark Inc. acquired a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the 1st quarter worth about $4,028,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 43.7% during the second quarter. Integrated Wealth Concepts LLC now owns 79,200 shares of the company’s stock worth $4,019,000 after purchasing an additional 24,098 shares in the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Up 0.0%

Shares of TAXX stock traded up $0.03 during mid-day trading on Tuesday, hitting $50.23. 2,177 shares of the stock were exchanged, compared to its average volume of 39,085. BondBloxx IR+M Tax-Aware Short Duration ETF has a 52-week low of $49.72 and a 52-week high of $51.13. The firm has a fifty day moving average of $50.16 and a 200 day moving average of $50.55.

BondBloxx IR+M Tax-Aware Short Duration ETF Company Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.