Able Wealth Management LLC Sells 12,897 Shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF $XFIV

Able Wealth Management LLC decreased its stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) by 54.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,695 shares of the company’s stock after selling 12,897 shares during the period. Able Wealth Management LLC’s holdings in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF were worth $526,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Comerica Bank acquired a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 4th quarter worth about $61,000. NewEdge Advisors LLC acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 2nd quarter valued at approximately $207,000. Kovack Advisors Inc. acquired a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the 4th quarter valued at approximately $242,000. IHT Wealth Management LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter worth approximately $322,000. Finally, Spectrum Financial Alliance Ltd LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 4th quarter worth approximately $383,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XFIV opened at $48.44 on Thursday. The firm has a 50 day moving average price of $48.66 and a 200 day moving average price of $49.16. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 52-week low of $48.17 and a 52-week high of $50.19.

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.