BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) Sees Large Volume Increase – What’s Next?

BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) shares saw unusually-high trading volume on Wednesday . Approximately 514,883 shares were traded during trading, an increase of 420% from the previous session’s volume of 98,957 shares.The stock last traded at $49.5950 and had previously closed at $49.59.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

The firm has a 50-day moving average price of $49.58 and a two-hundred day moving average price of $49.57. The firm has a market cap of $689.87 million, a price-to-earnings ratio of -52.76 and a beta of 0.08.

Institutional Trading of BondBloxx Bloomberg One Year Target Duration US Treasury ETF

Several institutional investors have recently modified their holdings of XONE. Ameritas Advisory Services LLC purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the 2nd quarter valued at $27,000. Brookstone Capital Management acquired a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the second quarter valued at $215,000. Kingdom Financial Group LLC. purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the second quarter worth about $232,000. Csenge Advisory Group purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the third quarter worth about $233,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the third quarter worth about $246,000. Hedge funds and other institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Company 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.