BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Large Volume Increase – Here’s What Happened

Shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw strong trading volume on Tuesday . 794,391 shares were traded during mid-day trading, an increase of 76% from the previous session’s volume of 450,654 shares.The stock last traded at $50.19 and had previously closed at $50.19.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

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

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

A number of institutional investors have recently added to or reduced their stakes in XHLF. IFP Advisors Inc grew its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 600.0% during the third quarter. IFP Advisors Inc now owns 700 shares of the company’s stock worth $35,000 after buying an additional 600 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock valued at $46,000 after acquiring an additional 872 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 4th quarter valued at $55,000. Vermillion & White Wealth Management Group LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 3rd quarter worth $65,000. Finally, Nemes Rush Group LLC grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 39.9% during the 4th quarter. Nemes Rush Group LLC now owns 1,391 shares of the company’s stock worth $70,000 after acquiring an additional 397 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.