BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) Shares Up 0.2% – Should You Buy?

Shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (NYSEARCA:XTWY) traded up 0.2% during mid-day trading on Wednesday . The company traded as high as $37.60 and last traded at $37.53. 17,521 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 44,480 shares. The stock had previously closed at $37.44.

BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF Price Performance

The company’s 50-day moving average is $37.08 and its 200-day moving average is $37.82.

Hedge Funds Weigh In On BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Valtinson Bruner Financial Planning LLC boosted its stake in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.7% in the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 551,871 shares of the company’s stock valued at $20,883,000 after buying an additional 57,884 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 10.6% in the 1st quarter. Bank of America Corp DE now owns 357,168 shares of the company’s stock worth $13,426,000 after purchasing an additional 34,244 shares during the last quarter. DUTCH ASSET Corp grew its holdings in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF by 11.1% in the 1st quarter. DUTCH ASSET Corp now owns 311,606 shares of the company’s stock worth $11,713,000 after purchasing an additional 31,170 shares during the last quarter. Advyzon Investment Management LLC acquired a new stake in shares of BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the 4th quarter worth about $4,606,000. Finally, Ausdal Financial Partners Inc. bought a new position in BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF during the 4th quarter valued at about $4,227,000.

About BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF

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