BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Strong Trading Volume

Shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw unusually-strong trading volume on Friday . Approximately 2,191,438 shares traded hands during mid-day trading, an increase of 835% from the previous session’s volume of 234,380 shares.The stock last traded at $50.25 and had previously closed at $50.22.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

The company’s 50-day moving average is $50.24 and its two-hundred day moving average is $50.21.

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

Several large investors have recently added to or reduced their stakes in XHLF. Acorn Financial Advisory Services Inc. ADV increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 2.5% in the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 8,346 shares of the company’s stock valued at $420,000 after buying an additional 206 shares during the last quarter. Astoria Portfolio Advisors LLC. increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1.7% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 17,253 shares of the company’s stock valued at $866,000 after buying an additional 290 shares during the last quarter. WESPAC Advisors SoCal LLC increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.8% in the 1st quarter. WESPAC Advisors SoCal LLC now owns 41,409 shares of the company’s stock valued at $2,083,000 after buying an additional 310 shares during the last quarter. Matrix Trust Co increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 4.2% in the 2nd quarter. Matrix Trust Co now owns 8,914 shares of the company’s stock valued at $448,000 after buying an additional 361 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 10.6% in the 1st quarter. Global Retirement Partners LLC now owns 4,183 shares of the company’s stock valued at $210,000 after buying an additional 400 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.