Gradient Investments LLC Purchases 105,392 Shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV)

Gradient Investments LLC boosted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) by 11.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,003,802 shares of the company’s stock after purchasing an additional 105,392 shares during the period. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF makes up approximately 1.0% of Gradient Investments LLC’s investment portfolio, making the stock its 28th biggest holding. Gradient Investments LLC owned approximately 37.32% of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF worth $49,267,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in XFIV. Pineridge Advisors LLC lifted its stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 10.8% in the fourth quarter. Pineridge Advisors LLC now owns 755,565 shares of the company’s stock worth $36,244,000 after purchasing an additional 73,436 shares during the last quarter. Paladin Wealth LLC increased its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 112.5% during the fourth quarter. Paladin Wealth LLC now owns 25,924 shares of the company’s stock worth $1,244,000 after acquiring an additional 13,723 shares during the period. Brown Financial Advisors raised its stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 61.9% during the fourth quarter. Brown Financial Advisors now owns 67,586 shares of the company’s stock valued at $3,242,000 after acquiring an additional 25,852 shares in the last quarter. Blume Capital Management Inc. purchased a new stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the fourth quarter valued at approximately $1,768,000. Finally, Nemes Rush Group LLC purchased a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 4th quarter worth $3,841,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Trading Up 0.2%

Shares of XFIV stock opened at $48.88 on Monday. The stock has a fifty day simple moving average of $48.87 and a two-hundred day simple moving average of $48.49. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a twelve month low of $47.43 and a twelve month high of $50.33.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Profile

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.