Capital Investment Counsel LLC Purchases New Position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF $XFIV

Capital Investment Counsel LLC acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 141,017 shares of the company’s stock, valued at approximately $6,985,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the third quarter worth $144,000. NewEdge Advisors LLC bought a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth $207,000. Silver Oak Securities Incorporated acquired a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 3rd quarter worth about $231,000. IHT Wealth Management LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the second quarter valued at about $322,000. Finally, CWM LLC boosted its stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 22.6% during the second quarter. CWM LLC now owns 10,083 shares of the company’s stock valued at $498,000 after purchasing an additional 1,858 shares in the last quarter.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

NYSEARCA:XFIV opened at $49.72 on Friday. The stock’s 50-day moving average is $49.49 and its 200-day moving average is $49.55. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 1-year low of $47.91 and a 1-year high of $50.00.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1604 dividend. This is an increase from BondBloxx Bloomberg Five Year Target Duration US Treasury ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.9%.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Profile

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