Encompass More Asset Management Invests $565,000 in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF $XSVN

Encompass More Asset Management purchased a new stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (NYSEARCA:XSVN) during the 4th quarter, Holdings Channel.com reports. The fund purchased 11,752 shares of the company’s stock, valued at approximately $565,000.

Several other hedge funds have also modified their holdings of the stock. Gradient Investments LLC grew its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 10.9% during the fourth quarter. Gradient Investments LLC now owns 899,690 shares of the company’s stock valued at $43,225,000 after purchasing an additional 88,585 shares during the last quarter. Pineridge Advisors LLC grew its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 8,360.6% during the third quarter. Pineridge Advisors LLC now owns 448,327 shares of the company’s stock valued at $21,604,000 after purchasing an additional 443,028 shares during the last quarter. AE Wealth Management LLC grew its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 48.0% during the fourth quarter. AE Wealth Management LLC now owns 376,766 shares of the company’s stock valued at $18,101,000 after purchasing an additional 122,232 shares during the last quarter. Bank of America Corp DE grew its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 22.2% during the third quarter. Bank of America Corp DE now owns 113,505 shares of the company’s stock valued at $5,469,000 after purchasing an additional 20,633 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its stake in shares of BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF by 23.4% during the fourth quarter. Silver Oak Securities Incorporated now owns 105,115 shares of the company’s stock valued at $5,065,000 after purchasing an additional 19,950 shares during the last quarter.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Price Performance

XSVN opened at $47.34 on Friday. BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF has a one year low of $46.59 and a one year high of $48.98. The company’s 50 day simple moving average is $47.82 and its 200-day simple moving average is $48.10.

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF Profile

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.