BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN – Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 19,271 shares, a decline of 88.9% from the July 15th total of 173,760 shares. Based on an average daily trading volume, of 64,589 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Trading Up 0.4%
Shares of NYSEARCA XSVN opened at $46.63 on Friday. The firm’s 50-day simple moving average is $46.85 and its 200 day simple moving average is $47.42. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 12-month low of $46.36 and a 12-month high of $48.98.
Hedge Funds Weigh In On BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
A number of institutional investors have recently modified their holdings of the stock. Purpose Unlimited Inc. bought a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF in the 4th quarter valued at $1,538,000. Encompass More Asset Management bought a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the fourth quarter worth $565,000. JDM Financial Group LLC bought a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the fourth quarter worth $2,417,000. Brookstone Capital Management acquired a new position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the first quarter valued at $842,000. Finally, Meridian Wealth Management LLC lifted its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 150.6% during the fourth quarter. Meridian Wealth Management LLC now owns 65,904 shares of the company’s stock valued at $3,166,000 after acquiring an additional 39,608 shares during the period.
About BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
The Bondbloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) 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 seven years. XSVN was launched on Sep 13, 2022 and is managed by BondBloxx.
See Also
- Five stocks we like better than BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
- Why Are Analysts Freaking Out About Apple’s All-Glass iPhone?
- Asian Market Circuit Breakers Hit Stocks, Not AI Demand
- Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
- Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
Receive News & Ratings for BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.
