Morningstar Investment Management LLC Invests $25.69 Million in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN)

Morningstar Investment Management LLC bought a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) in the fourth quarter, HoldingsChannel reports. The fund bought 572,996 shares of the company’s stock, valued at approximately $25,687,000. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF accounts for 2.0% of Morningstar Investment Management LLC’s portfolio, making the stock its 11th largest position. Morningstar Investment Management LLC owned 0.20% of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC increased its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 18.2% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,914,870 shares of the company’s stock valued at $92,701,000 after purchasing an additional 294,448 shares during the period. Tanager Wealth Management LLP raised its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 7.6% during the 3rd quarter. Tanager Wealth Management LLP now owns 1,515,918 shares of the company’s stock valued at $73,388,000 after acquiring an additional 107,715 shares during the last quarter. Gradient Investments LLC purchased a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 4th quarter valued at approximately $15,765,000. Jane Street Group LLC acquired a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 3rd quarter worth approximately $651,000. Finally, Paladin Wealth LLC purchased a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 4th quarter valued at approximately $452,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Performance

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF stock opened at $45.22 on Thursday. The business has a 50 day simple moving average of $45.04 and a 200-day simple moving average of $46.52. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 12 month low of $43.92 and a 12 month high of $50.05.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

The BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) 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 ten years. XTEN was launched on Sep 13, 2022 and is managed by BondBloxx.