Envestnet Asset Management Inc. Buys 104,168 Shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN)

Envestnet Asset Management Inc. lifted its position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) by 2,298.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 108,701 shares of the company’s stock after acquiring an additional 104,168 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF were worth $4,873,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nemes Rush Group LLC purchased a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the fourth quarter worth $60,000. Farther Finance Advisors LLC bought a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 4th quarter worth $74,000. Geneos Wealth Management Inc. purchased a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 4th quarter worth about $134,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the fourth quarter valued at about $264,000. Finally, Legacy Capital Group California Inc. bought a new position in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the fourth quarter valued at about $362,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Stock Up 0.3 %

Shares of XTEN stock opened at $45.34 on Wednesday. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a 52 week low of $43.92 and a 52 week high of $50.05. The firm’s 50-day simple moving average is $46.04 and its two-hundred day simple moving average is $45.83.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF 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.