Pineridge Advisors LLC Buys New Stake in BondBloxx IR+M Tax-Aware Short Duration ETF $TAXX

Pineridge Advisors LLC acquired a new stake in shares of BondBloxx IR+M Tax-Aware Short Duration ETF (NYSEARCA:TAXX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 48,466 shares of the company’s stock, valued at approximately $2,471,000. BondBloxx IR+M Tax-Aware Short Duration ETF comprises about 0.7% of Pineridge Advisors LLC’s portfolio, making the stock its 13th largest holding.

Several other institutional investors have also made changes to their positions in the stock. AE Wealth Management LLC bought a new stake in BondBloxx IR+M Tax-Aware Short Duration ETF in the third quarter worth approximately $610,000. CFS Investment Advisory Services LLC lifted its stake in BondBloxx IR+M Tax-Aware Short Duration ETF by 124.2% during the third quarter. CFS Investment Advisory Services LLC now owns 16,794 shares of the company’s stock worth $856,000 after purchasing an additional 9,305 shares during the period. Inspire Advisors LLC grew its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 12.9% in the 3rd quarter. Inspire Advisors LLC now owns 6,029 shares of the company’s stock worth $307,000 after purchasing an additional 690 shares during the last quarter. Tanager Wealth Management LLP grew its holdings in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 32.6% during the third quarter. Tanager Wealth Management LLP now owns 179,433 shares of the company’s stock worth $9,147,000 after purchasing an additional 44,084 shares during the last quarter. Finally, Balance Wealth LLC raised its position in shares of BondBloxx IR+M Tax-Aware Short Duration ETF by 2.9% during the third quarter. Balance Wealth LLC now owns 53,745 shares of the company’s stock worth $2,740,000 after acquiring an additional 1,523 shares during the last quarter.

BondBloxx IR+M Tax-Aware Short Duration ETF Trading Down 0.3%

Shares of BondBloxx IR+M Tax-Aware Short Duration ETF stock opened at $50.79 on Monday. BondBloxx IR+M Tax-Aware Short Duration ETF has a 52 week low of $49.80 and a 52 week high of $51.20. The firm has a fifty day moving average of $50.80 and a two-hundred day moving average of $50.83.

BondBloxx IR+M Tax-Aware Short Duration ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be paid a $0.1759 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

BondBloxx IR+M Tax-Aware Short Duration ETF Profile

The BondBloxx IR+M Tax-Aware Short Duration ETF (TAXX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking attractive after-tax income while preserving capital through investments in USD-denominated municipal and taxable short-duration fixed income securities. TAXX was launched on Mar 14, 2024 and is issued by BondBloxx.