Morningstar Investment Management LLC Makes New Investment in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN)

Morningstar Investment Management LLC acquired a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (NYSEARCA:XTEN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 572,996 shares of the company’s stock, valued at approximately $25,687,000. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF accounts for 2.0% of Morningstar Investment Management LLC’s holdings, making the stock its 11th biggest holding. Morningstar Investment Management LLC owned 20.03% of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 4th quarter worth $264,000. Paladin Wealth LLC acquired a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the fourth quarter valued at $452,000. Geneos Wealth Management Inc. purchased a new stake in BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 4th quarter worth about $134,000. Gradient Investments LLC acquired a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF during the 4th quarter worth about $15,765,000. Finally, New Century Financial Group LLC purchased a new position in shares of BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF in the 4th quarter valued at about $440,000.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Price Performance

Shares of NYSEARCA XTEN opened at $45.22 on Thursday. The stock’s 50-day simple moving average is $45.04 and its 200-day simple moving average is $46.52. BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF has a fifty-two week low of $43.92 and a fifty-two week high of $50.05.

BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF Company Profile

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.