BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Sees Unusually-High Trading Volume – Should You Buy?

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) saw unusually-high trading volume on Friday. 554,815 shares traded hands during mid-day trading, an increase of 40% from the previous session’s volume of 397,221 shares. The stock last traded at $50.1650 and had previously closed at $50.15.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

The stock’s 50-day moving average is $50.21 and its two-hundred day moving average is $50.23.

Institutional Trading of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

Hedge funds have recently bought and sold shares of the stock. Bank OZK increased its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.6% during the second quarter. Bank OZK now owns 5,627 shares of the company’s stock worth $283,000 after acquiring an additional 299 shares during the last quarter. Strong Retirement Solutions LLC lifted its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.6% in the 3rd quarter. Strong Retirement Solutions LLC now owns 57,533 shares of the company’s stock valued at $2,891,000 after purchasing an additional 367 shares during the last quarter. Gibbs Wealth Management lifted its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 5.4% in the 1st quarter. Gibbs Wealth Management now owns 9,358 shares of the company’s stock valued at $471,000 after purchasing an additional 478 shares during the last quarter. Stadion Money Management LLC boosted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.3% in the 4th quarter. Stadion Money Management LLC now owns 172,629 shares of the company’s stock worth $8,675,000 after purchasing an additional 600 shares during the period. Finally, Sigma Planning Corp boosted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 0.7% in the 1st quarter. Sigma Planning Corp now owns 156,840 shares of the company’s stock worth $7,894,000 after purchasing an additional 1,067 shares during the period.

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.