3-Jan-2025
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The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF seeks to track the investment results of an index composed of U.S. dollar denominated, high yield corporate bonds in the telecommunications, media and technology sector. The Fund is newly organized, non diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which is a rules based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub sectors.
Bondbloxx ETF Trust Bondbloxx USD High Yield Bond Telecom Media & Technology Sector ETF trades on the ARCA stock market under the symbol XHYT.
As of January 3, 2025, XHYT stock price was flat at $34.51 with 32 million shares trading.
XHYT has a market cap of $115.62 million. This is considered a Micro Cap stock.
XHYT has underperformed the market in the last year with a price return of +7.8% while the SPY ETF gained +27.8%. XHYT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.1% and 0.0%, respectively, while the SPY returned +4.6% and +0.1%, respectively.
XHYT support price is $34.23 and resistance is $34.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XHYT shares will trade within this expected range on the day.