Income Research & Management Buys New Position in BondBloxx IR+M Tax-Aware Short Duration ETF $TAXX

Income Research & Management bought a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 97,000 shares of the company’s stock, valued at approximately $4,835,000. BondBloxx IR+M Tax-Aware Short Duration ETF accounts for 3.0% of Income Research & Management’s investment portfolio, making the stock its 19th biggest holding. Income Research & Management owned approximately 1.73% of BondBloxx IR+M Tax-Aware Short Duration ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in TAXX. Assetmark Inc. purchased a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the first quarter worth $4,028,000. Tanager Wealth Management LLP raised its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 21.7% in the first quarter. Tanager Wealth Management LLP now owns 230,239 shares of the company’s stock worth $11,640,000 after purchasing an additional 41,025 shares in the last quarter. Baer Investment Advisory LLC bought a new position in BondBloxx IR+M Tax-Aware Short Duration ETF in the first quarter worth $1,587,000. Cornerstone Advisors Asset Management LLC raised its holdings in BondBloxx IR+M Tax-Aware Short Duration ETF by 60.0% in the first quarter. Cornerstone Advisors Asset Management LLC now owns 78,788 shares of the company’s stock worth $3,983,000 after purchasing an additional 29,558 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in BondBloxx IR+M Tax-Aware Short Duration ETF by 43.7% during the second quarter. Integrated Wealth Concepts LLC now owns 79,200 shares of the company’s stock valued at $4,019,000 after buying an additional 24,098 shares during the period.

BondBloxx IR+M Tax-Aware Short Duration ETF Price Performance

Shares of BondBloxx IR+M Tax-Aware Short Duration ETF stock opened at $50.05 on Thursday. The business has a fifty day simple moving average of $50.18 and a two-hundred day simple moving average of $50.45. BondBloxx IR+M Tax-Aware Short Duration ETF has a 12 month low of $49.72 and a 12 month high of $51.13.

BondBloxx IR+M Tax-Aware Short Duration ETF Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.