BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Strong Trading Volume – Should You Buy?

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) shares saw an uptick in trading volume on Wednesday . 1,522,341 shares changed hands during mid-day trading, an increase of 604% from the previous session’s volume of 216,365 shares.The stock last traded at $50.34 and had previously closed at $50.32.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

The business has a 50-day moving average price of $50.25 and a two-hundred day moving average price of $50.27.

Hedge Funds Weigh In On BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Large investors have recently bought and sold shares of the company. Tanager Wealth Management LLP raised its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 61.0% in the fourth quarter. Tanager Wealth Management LLP now owns 2,179,540 shares of the company’s stock worth $109,771,000 after acquiring an additional 826,181 shares in the last quarter. Carrera Capital Advisors purchased a new position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 3rd quarter valued at about $94,235,000. Northland Capital Management LLC acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 3rd quarter valued at approximately $23,873,000. CWM LLC raised its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 2.5% during the third quarter. CWM LLC now owns 443,091 shares of the company’s stock worth $22,350,000 after purchasing an additional 10,698 shares during the last quarter. Finally, Pineridge Advisors LLC raised its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 221.9% during the 4th quarter. Pineridge Advisors LLC now owns 301,678 shares of the company’s stock worth $15,138,000 after buying an additional 207,967 shares during the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Company Profile

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.