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 an uptick in trading volume on Wednesday . 1,522,341 shares were traded during mid-day trading, an increase of 604% from the previous session’s volume of 216,365 shares.The stock last traded at $50.34 and had previously closed at $50.32.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

The firm has a 50 day moving average price of $50.25 and a 200 day moving average price of $50.27.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acorn Financial Advisory Services Inc. ADV increased its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 9.4% in the third quarter. Acorn Financial Advisory Services Inc. ADV now owns 9,128 shares of the company’s stock valued at $460,000 after purchasing an additional 782 shares during the period. Northwest Capital Management Inc increased its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 670.6% in the 3rd quarter. Northwest Capital Management Inc now owns 917 shares of the company’s stock worth $46,000 after buying an additional 798 shares during the period. Shore Point Advisors LLC raised its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 2.1% during the 3rd quarter. Shore Point Advisors LLC now owns 40,746 shares of the company’s stock worth $2,055,000 after buying an additional 837 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 18.1% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 5,620 shares of the company’s stock valued at $283,000 after acquiring an additional 860 shares during the period. Finally, Argus Investors Counsel Inc. boosted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 8.2% in the 4th quarter. Argus Investors Counsel Inc. now owns 12,041 shares of the company’s stock valued at $604,000 after acquiring an additional 917 shares during the last quarter.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

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.