BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 27,448 shares, a growth of 120.1% from the June 15th total of 12,470 shares. Based on an average daily trading volume, of 51,902 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s shares are sold short.
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Price Performance
Shares of NYSEARCA XSVN opened at $46.87 on Friday. The business’s 50 day moving average is $47.03 and its two-hundred day moving average is $47.63. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a 52-week low of $46.48 and a 52-week high of $48.98.
Institutional Investors Weigh In On BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF
Several institutional investors and hedge funds have recently modified their holdings of the company. Wealthcare Advisory Partners LLC boosted its holdings in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 32.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 31,321 shares of the company’s stock valued at $1,481,000 after acquiring an additional 7,605 shares during the period. Paladin Wealth LLC lifted its position in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 59.9% during the second quarter. Paladin Wealth LLC now owns 60,406 shares of the company’s stock worth $2,855,000 after purchasing an additional 22,621 shares in the last quarter. Wealthcare Capital Management LLC acquired a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the second quarter worth about $3,343,000. Gradient Investments LLC boosted its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 38.8% in the second quarter. Gradient Investments LLC now owns 1,480,690 shares of the company’s stock valued at $69,992,000 after purchasing an additional 414,200 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 37.7% in the second quarter. Dynamic Advisor Solutions LLC now owns 103,982 shares of the company’s stock valued at $4,915,000 after purchasing an additional 28,475 shares during the period.
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Company Profile
The Bondbloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) 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 seven years. XSVN was launched on Sep 13, 2022 and is managed by BondBloxx.
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