BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF $XSVN Shares Purchased by Pineridge Advisors LLC

Pineridge Advisors LLC raised its position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) by 8,360.6% during the third quarter, HoldingsChannel reports. The firm owned 448,327 shares of the company’s stock after buying an additional 443,028 shares during the quarter. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF accounts for 6.2% of Pineridge Advisors LLC’s holdings, making the stock its 6th biggest position. Pineridge Advisors LLC owned about 0.13% of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF worth $21,604,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its holdings in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 19.6% during the second quarter. AE Wealth Management LLC now owns 144,609 shares of the company’s stock worth $6,924,000 after purchasing an additional 23,719 shares during the period. Envestnet Asset Management Inc. purchased a new position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF during the second quarter worth about $251,000. Dynamic Advisor Solutions LLC boosted its holdings in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 77.8% in the third quarter. Dynamic Advisor Solutions LLC now owns 50,479 shares of the company’s stock valued at $2,432,000 after acquiring an additional 22,095 shares during the last quarter. Gradient Investments LLC boosted its position in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 7.1% during the 3rd quarter. Gradient Investments LLC now owns 811,105 shares of the company’s stock worth $39,085,000 after purchasing an additional 53,504 shares during the period. Finally, Archer Investment Corp boosted its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 15.1% in the second quarter. Archer Investment Corp now owns 91,128 shares of the company’s stock valued at $4,363,000 after purchasing an additional 11,931 shares during the period.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Trading Down 0.0%

NYSEARCA:XSVN opened at $47.95 on Monday. The stock has a 50-day simple moving average of $48.17 and a 200 day simple moving average of $48.11. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a one year low of $46.00 and a one year high of $48.81.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.159 per share. This is a boost from BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF’s previous monthly dividend of $0.14. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

About BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF

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