BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Large Volume Increase – Still a Buy?

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLFGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 4,501,022 shares were traded during trading, an increase of 1,135% from the previous session’s volume of 364,594 shares.The stock last traded at $50.3050 and had previously closed at $50.31.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Up 0.0%

The company has a fifty day simple moving average of $50.33 and a 200-day simple moving average of $50.29.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

A number of institutional investors have recently bought and sold shares of XHLF. Advyzon Investment Management LLC acquired a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the first quarter valued at approximately $310,000. AE Wealth Management LLC raised its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 787.7% in the second quarter. AE Wealth Management LLC now owns 24,342 shares of the company’s stock valued at $1,225,000 after purchasing an additional 21,600 shares during the period. Cetera Investment Advisers acquired a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 1st quarter valued at $730,000. Envestnet Asset Management Inc. grew its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,215.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 347,553 shares of the company’s stock worth $17,496,000 after purchasing an additional 321,125 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter worth about $413,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

(Get Free Report)

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.

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