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

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw unusually-high trading volume on Wednesday . 774,503 shares changed hands during mid-day trading, an increase of 83% from the previous session’s volume of 423,777 shares.The stock last traded at $50.18 and had previously closed at $50.17.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

The stock’s 50 day moving average is $50.23 and its 200 day moving average is $50.26.

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

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 43.6% during the 1st quarter. Royal Bank of Canada now owns 19,881 shares of the company’s stock valued at $1,001,000 after purchasing an additional 6,040 shares during the period. Goldman Sachs Group Inc. purchased a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 1st quarter valued at about $413,000. Quantinno Capital Management LP bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $1,002,000. Ausdal Financial Partners Inc. bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $1,022,000. Finally, Jane Street Group LLC bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the second quarter valued at about $521,000.

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.