Pineridge Advisors LLC Has $107.55 Million Position in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF $XHLF

Pineridge Advisors LLC grew its stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF) by 11.5% during the third quarter, Holdings Channel reports. The institutional investor owned 2,132,997 shares of the company’s stock after buying an additional 220,236 shares during the period. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF comprises 30.7% of Pineridge Advisors LLC’s holdings, making the stock its biggest position. Pineridge Advisors LLC owned approximately 0.06% of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF worth $107,546,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 43.6% in the 1st quarter. Royal Bank of Canada now owns 19,881 shares of the company’s stock worth $1,001,000 after purchasing an additional 6,040 shares during the period. Goldman Sachs Group Inc. purchased a new stake in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF in the 1st quarter worth about $413,000. DAVENPORT & Co LLC bought a new stake in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF during the 2nd quarter worth approximately $421,000. Belpointe Asset Management LLC lifted its position in shares of BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 3.7% during the second quarter. Belpointe Asset Management LLC now owns 6,441 shares of the company’s stock worth $324,000 after purchasing an additional 227 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its holdings in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF by 27.4% during the 2nd quarter. Valmark Advisers Inc. now owns 12,050 shares of the company’s stock valued at $607,000 after buying an additional 2,594 shares in the last quarter.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Stock Up 0.0%

Shares of NYSEARCA XHLF opened at $50.39 on Monday. BondBloxx Bloomberg Six Month Target Duration US Treasury ETF has a twelve month low of $50.17 and a twelve month high of $50.42. The business has a fifty day simple moving average of $50.32 and a two-hundred day simple moving average of $50.32.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Increases Dividend

The company 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 $0.1649 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, February 2nd. This is an increase from BondBloxx Bloomberg Six Month Target Duration US Treasury ETF’s previous monthly dividend of $0.16.

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF Profile

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) 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 six months. XHLF was launched on Sep 13, 2022 and is managed by BondBloxx.