BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) Short Interest Up 453.3% in January

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 49,347 shares, an increase of 453.3% from the January 15th total of 8,918 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 861,246 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 861,246 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Performance

XHLF opened at $50.27 on Wednesday. The company’s 50 day moving average is $50.31 and its 200-day moving average is $50.32. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 1-year low of $50.17 and a 1-year high of $50.42.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1649 dividend. This is an increase from BondBloxx Bloomberg Six Month Target Duration US Treasury ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, February 2nd.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of XHLF. BlackDiamond Wealth Management LLC boosted its holdings in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 32.1% during the 4th quarter. BlackDiamond Wealth Management LLC now owns 12,170 shares of the company’s stock valued at $612,000 after acquiring an additional 2,960 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 1,779.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 921 shares of the company’s stock valued at $46,000 after purchasing an additional 872 shares during the last quarter. Foundations Investment Advisors LLC boosted its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 59.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 13,955 shares of the company’s stock valued at $701,000 after purchasing an additional 5,227 shares in the last quarter. North Forty Two & Co. boosted its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 66.1% during the fourth quarter. North Forty Two & Co. now owns 87,395 shares of the company’s stock valued at $4,392,000 after purchasing an additional 34,775 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the fourth quarter worth about $55,000.

About BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.