Freedom Investment Management Inc. Invests $232,000 in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN)

Freedom Investment Management Inc. purchased a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 4,798 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds also recently added to or reduced their stakes in XTEN. Richard P Slaughter Associates Inc increased its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 12.3% during the second quarter. Richard P Slaughter Associates Inc now owns 475,758 shares of the company’s stock worth $21,855,000 after purchasing an additional 51,936 shares in the last quarter. Tanager Wealth Management LLP boosted its position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 7.6% in the 3rd quarter. Tanager Wealth Management LLP now owns 1,515,918 shares of the company’s stock valued at $73,388,000 after purchasing an additional 107,715 shares during the period. Finally, Prime Capital Investment Advisors LLC grew its stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF by 18.2% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,914,870 shares of the company’s stock worth $92,701,000 after buying an additional 294,448 shares during the last quarter.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Trading Up 0.6 %

Shares of NYSEARCA XTEN opened at $46.78 on Monday. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a twelve month low of $44.33 and a twelve month high of $50.33. The stock has a 50 day moving average of $46.75 and a two-hundred day moving average of $46.88.

About BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF

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.