S&A Financial Services Inc. Invests $4.82 Million in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

S&A Financial Services Inc. acquired a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) in the first quarter, HoldingsChannel reports. The institutional investor acquired 97,386 shares of the company’s stock, valued at approximately $4,823,000. BondBloxx Bloomberg One Year Target Duration US Treasury ETF accounts for approximately 3.3% of S&A Financial Services Inc.’s investment portfolio, making the stock its 10th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of XONE. Beacon Capital Management Inc. boosted its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 304.4% in the 4th quarter. Beacon Capital Management Inc. now owns 833 shares of the company’s stock worth $41,000 after buying an additional 627 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the first quarter valued at about $68,000. American Trust bought a new stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF during the fourth quarter valued at about $95,000. Royal Bank of Canada raised its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 33.1% during the fourth quarter. Royal Bank of Canada now owns 2,701 shares of the company’s stock valued at $134,000 after acquiring an additional 672 shares during the period. Finally, Wealth Watch Advisors INC purchased a new position in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF in the fourth quarter valued at about $182,000. 47.99% of the stock is currently owned by institutional investors.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Price Performance

Shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF stock opened at $49.37 on Monday. The company has a market capitalization of $829.91 million, a price-to-earnings ratio of -52.52 and a beta of 0.01. The stock’s 50-day simple moving average is $49.32 and its 200-day simple moving average is $49.43. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a 52 week low of $49.20 and a 52 week high of $49.70.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Profile

The Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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 one year. XONE was launched on Sep 13, 2022 and is managed by BondBloxx.