BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Hits New 12-Month Low – Here’s What Happened

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) reached a new 52-week low during trading on Wednesday . The company traded as low as $50.14 and last traded at $50.15, with a volume of 8396 shares trading hands. The stock had previously closed at $50.30.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

The business has a 50-day simple moving average of $50.25 and a two-hundred day simple moving average of $50.28.

Institutional Trading of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Several institutional investors have recently modified their holdings of the company. S&A Financial Services Inc. bought a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter valued at about $3,235,000. Curry Webb Wealth Management LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the first quarter worth approximately $2,069,000. Maripau Wealth Management LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the first quarter worth approximately $219,000. Bank of America Corp DE boosted its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 9.4% during the first quarter. Bank of America Corp DE now owns 946,074 shares of the company’s stock worth $47,616,000 after buying an additional 81,667 shares in the last quarter. Finally, Royal Bank of Canada grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 44.8% in the first quarter. Royal Bank of Canada now owns 629,578 shares of the company’s stock worth $31,687,000 after buying an additional 194,858 shares during the last quarter.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

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.