BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE)
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $48.76, up 0.07% on the session, giving a market capitalisation of $230.2M. Its beta of 0.43 implies it has historically moved less than the broad market.
Under ordinary market conditions, the fund dedicates a minimum of 80% of its total assets (comprising net assets and any investment-related borrowings) to U.S. Treasury securities. This portfolio is strategically managed, whether through direct holdings or indirect means like derivatives, to maintain an approximate average duration of three years. Furthermore, the fund operates as a non-diversified investment vehicle.
BondBloxx Bloomberg Three Year Target Duration US Treasury ETF is most often compared with the following Financial Services names: