Alps Advisors Inc. Makes New $2.71 Million Investment in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF $XFIV

Alps Advisors Inc. purchased a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 58,100 shares of the company’s stock, valued at approximately $2,711,000.

Other hedge funds have also added to or reduced their stakes in the company. Gradient Investments LLC bought a new position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the third quarter worth $22,544,000. Arvest Investments Inc. bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the third quarter valued at about $11,992,000. Atwood & Palmer Inc. bought a new position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF in the third quarter valued at about $5,323,000. Bank of America Corp DE raised its position in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 26.3% in the first quarter. Bank of America Corp DE now owns 421,177 shares of the company’s stock valued at $20,705,000 after purchasing an additional 87,796 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 30.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 302,719 shares of the company’s stock worth $14,736,000 after buying an additional 71,027 shares during the last quarter.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Stock Performance

NYSEARCA XFIV opened at $47.57 on Tuesday. The firm has a 50-day moving average of $47.16 and a 200-day moving average of $48.42. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a 52-week low of $46.44 and a 52-week high of $50.19.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Profile

The Bondbloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) 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 five years. XFIV was launched on Sep 13, 2022 and is managed by BondBloxx.