Legacy Capital Wealth Partners LLC has recently expanded its investment portfolio by acquiring a stake in the BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (NYSEARCA:XHLF). During the second quarter of 2023, the firm purchased 10,216 shares valued at approximately $514,000, according to a disclosure submitted to the Securities & Exchange Commission.
Several other prominent investors have also made significant adjustments to their positions in XHLF over recent months. Laurel Wealth Advisors LLC notably increased its stake by an impressive 5,375.7% during the same period. The firm now holds 6,558,296 shares, valued at approximately $330,145,000, following the acquisition of an additional 6,438,526 shares.
Investment firm Envestnet Asset Management Inc. also saw a substantial rise in its holdings, boosting its stake by 1,215.1%. The company now owns 347,553 shares worth about $17,496,000 after acquiring an extra 321,125 shares. Similarly, Carrera Capital Advisors increased its investment by 16.5%, owning 2,253,953 shares valued at $113,464,000 after purchasing an additional 318,558 shares.
Other notable acquisitions include Astor Investment Management LLC, which entered the market with a new stake valued at $10,746,000, and Evergreen Capital Management LLC, which grew its stake by 196.4% in the first quarter, now holding 137,712 shares valued at $6,934,000.
Current Market Performance
As of the latest trading day, shares of the BondBloxx ETF opened at $50.37. The stock has seen a fifty-two week low of $50.15 and a high of $50.42. The 50-day moving average stands at $50.33, while the 200-day moving average is at $50.30.
The BondBloxx Bloomberg Six Month Target Duration US Treasury ETF, launched on September 13, 2022, primarily invests in investment-grade fixed income. The ETF is designed to passively manage a portfolio of U.S. Treasury securities with a targeted duration of six months.
For those interested in monitoring the latest developments related to XHLF, various platforms provide regular updates and detailed insights into hedge fund holdings and trading activities.
