Alliance Wealth Advisors LLC UT Cuts Stock Position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF)

Alliance Wealth Advisors LLC UT lowered its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) by 58.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 60,031 shares of the company’s stock after selling 83,199 shares during the period. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF accounts for about 1.0% of Alliance Wealth Advisors LLC UT’s holdings, making the stock its 26th largest holding. Alliance Wealth Advisors LLC UT owned 0.35% of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF worth $3,014,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Archer Investment Corp bought a new position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 4th quarter worth $35,000. Middleton & Co. Inc. MA bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the third quarter valued at about $201,000. Belpointe Asset Management LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the third quarter valued at about $276,000. Fortitude Family Office LLC bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the fourth quarter valued at about $383,000. Finally, Acorn Financial Advisory Services Inc. ADV bought a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the fourth quarter valued at about $404,000.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Price Performance

NYSEARCA:XHLF traded up $0.01 on Friday, reaching $50.25. 71,081 shares of the company’s stock traded hands, compared to its average volume of 234,444. The stock has a 50-day simple moving average of $50.20 and a 200-day simple moving average of $50.23. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a 12 month low of $49.94 and a 12 month high of $50.39.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.218 per share. The ex-dividend date was Monday, April 1st. This is a boost from BondBloxx Bloomberg Six Month Target Duration US Treasury ETF’s previous dividend of $0.15.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Profile

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.