Mendel Money Management Takes Position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF $XONE

Mendel Money Management bought a new position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (NYSEARCA:XONE) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 17,111 shares of the company’s stock, valued at approximately $850,000. Mendel Money Management owned approximately 0.13% of BondBloxx Bloomberg One Year Target Duration US Treasury ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in XONE. Smart Portfolios LLC raised its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 0.5% during the 3rd quarter. Smart Portfolios LLC now owns 63,474 shares of the company’s stock valued at $3,152,000 after buying an additional 332 shares in the last quarter. Formidable Asset Management LLC lifted its stake in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 8.6% in the third quarter. Formidable Asset Management LLC now owns 5,636 shares of the company’s stock worth $280,000 after purchasing an additional 445 shares during the last quarter. Sugar Maple Asset Management LLC boosted its position in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.4% during the third quarter. Sugar Maple Asset Management LLC now owns 19,453 shares of the company’s stock valued at $966,000 after buying an additional 452 shares during the period. Holcombe Financial Inc. increased its holdings in shares of BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 5.6% in the third quarter. Holcombe Financial Inc. now owns 9,440 shares of the company’s stock worth $469,000 after buying an additional 499 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its holdings in BondBloxx Bloomberg One Year Target Duration US Treasury ETF by 2.1% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 34,736 shares of the company’s stock valued at $1,725,000 after acquiring an additional 724 shares during the period. Institutional investors own 47.99% of the company’s stock.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Stock Performance

NYSEARCA:XONE opened at $49.58 on Friday. BondBloxx Bloomberg One Year Target Duration US Treasury ETF has a fifty-two week low of $49.40 and a fifty-two week high of $49.78. The business has a 50 day moving average price of $49.58 and a 200-day moving average price of $49.58. The firm has a market cap of $717.42 million, a PE ratio of -52.74 and a beta of 0.08.

BondBloxx Bloomberg One Year Target Duration US Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1693 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. This is a positive change from BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 2nd. BondBloxx Bloomberg One Year Target Duration US Treasury ETF’s payout ratio is currently -225.53%.

About BondBloxx Bloomberg One Year Target Duration US Treasury ETF

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.