Meridian Wealth Management LLC Takes $9.25 Million Position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF $XFIV

Meridian Wealth Management LLC bought a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (NYSEARCA:XFIV) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 186,893 shares of the company’s stock, valued at approximately $9,247,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC purchased a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter valued at $207,000. Jane Street Group LLC boosted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 185.2% during the 2nd quarter. Jane Street Group LLC now owns 19,669 shares of the company’s stock valued at $971,000 after buying an additional 12,772 shares during the period. Bank of America Corp DE boosted its position in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF by 18.6% during the 2nd quarter. Bank of America Corp DE now owns 94,827 shares of the company’s stock valued at $4,680,000 after buying an additional 14,859 shares during the period. IHT Wealth Management LLC purchased a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 2nd quarter valued at $322,000. Finally, Geneos Wealth Management Inc. purchased a new stake in BondBloxx Bloomberg Five Year Target Duration US Treasury ETF during the 3rd quarter valued at $144,000.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Price Performance

Shares of XFIV opened at $48.78 on Tuesday. The firm has a fifty day simple moving average of $49.18 and a two-hundred day simple moving average of $49.46. BondBloxx Bloomberg Five Year Target Duration US Treasury ETF has a twelve month low of $48.33 and a twelve month high of $50.19.

BondBloxx Bloomberg Five Year Target Duration US Treasury ETF Company 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.