eCIO Inc. Makes New Investment in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF $XHLF

eCIO Inc. bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) in the third quarter, Holdings Channel reports. The institutional investor bought 36,404 shares of the company’s stock, valued at approximately $1,836,000. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF comprises about 0.7% of eCIO Inc.’s holdings, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. RWA Wealth Partners LLC grew its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 27.4% during the 3rd quarter. RWA Wealth Partners LLC now owns 6,343 shares of the company’s stock worth $320,000 after acquiring an additional 1,363 shares during the last quarter. Stonebrook Private Inc. boosted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 18.5% in the third quarter. Stonebrook Private Inc. now owns 76,764 shares of the company’s stock worth $3,870,000 after purchasing an additional 12,003 shares in the last quarter. Syon Capital LLC grew its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 64.5% during the third quarter. Syon Capital LLC now owns 54,846 shares of the company’s stock worth $2,765,000 after purchasing an additional 21,496 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 49.9% during the third quarter. Axxcess Wealth Management LLC now owns 11,052 shares of the company’s stock worth $557,000 after purchasing an additional 3,681 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 15.8% in the third quarter. HighTower Advisors LLC now owns 25,701 shares of the company’s stock valued at $1,296,000 after buying an additional 3,516 shares in the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

Shares of NYSEARCA XHLF opened at $50.22 on Wednesday. The firm’s 50-day simple moving average is $50.31 and its 200 day simple moving average is $50.32. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 12-month low of $50.17 and a 12-month high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.1398 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Monday, March 2nd.

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.