Exchange Capital Management Inc. Invests $2.34 Million in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO)

Exchange Capital Management Inc. acquired a new position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF (NYSEARCA:XTWO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 47,567 shares of the company’s stock, valued at approximately $2,335,000. Exchange Capital Management Inc. owned about 2.29% of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in XTWO. Legacy CG LLC increased its position in shares of BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 25.5% in the fourth quarter. Legacy CG LLC now owns 177,005 shares of the company’s stock worth $8,687,000 after acquiring an additional 35,936 shares in the last quarter. Financial Guidance Group Inc. boosted its position in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 7.9% during the fourth quarter. Financial Guidance Group Inc. now owns 34,388 shares of the company’s stock worth $1,688,000 after purchasing an additional 2,524 shares during the period. Aptus Capital Advisors LLC raised its holdings in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF by 26.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 31,864 shares of the company’s stock worth $1,589,000 after acquiring an additional 6,737 shares during the period. STAR Financial Bank acquired a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 3rd quarter valued at approximately $1,102,000. Finally, Flow Traders U.S. LLC bought a new stake in BondBloxx Bloomberg Two Year Target Duration US Treasury ETF in the 3rd quarter valued at $843,000.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Price Performance

XTWO stock opened at $49.22 on Tuesday. BondBloxx Bloomberg Two Year Target Duration US Treasury ETF has a twelve month low of $48.52 and a twelve month high of $49.96. The business’s 50-day simple moving average is $49.10 and its 200 day simple moving average is $49.34.

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF Profile

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