Magnolia Private Wealth LLC Acquires Shares of 24,920 Alpha Architect 1-3 Month Box ETF (BATS:BOXX)

Magnolia Private Wealth LLC bought a new position in Alpha Architect 1-3 Month Box ETF (BATS:BOXX) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 24,920 shares of the company’s stock, valued at approximately $2,748,000. Alpha Architect 1-3 Month Box ETF comprises about 1.6% of Magnolia Private Wealth LLC’s holdings, making the stock its 10th largest position.

Several other hedge funds have also recently made changes to their positions in the business. Transcendent Capital Group LLC increased its position in shares of Alpha Architect 1-3 Month Box ETF by 2,708.2% during the 4th quarter. Transcendent Capital Group LLC now owns 47,740 shares of the company’s stock valued at $5,265,000 after purchasing an additional 46,040 shares during the last quarter. Aspect Partners LLC increased its position in Alpha Architect 1-3 Month Box ETF by 2.1% during the fourth quarter. Aspect Partners LLC now owns 36,929 shares of the company’s stock valued at $4,073,000 after acquiring an additional 772 shares during the last quarter. Opus Capital Group LLC increased its position in Alpha Architect 1-3 Month Box ETF by 39.9% during the fourth quarter. Opus Capital Group LLC now owns 145,381 shares of the company’s stock valued at $16,033,000 after acquiring an additional 41,428 shares during the last quarter. Avondale Wealth Management raised its stake in shares of Alpha Architect 1-3 Month Box ETF by 379.2% in the fourth quarter. Avondale Wealth Management now owns 38,336 shares of the company’s stock valued at $4,228,000 after acquiring an additional 30,336 shares during the period. Finally, Morse Asset Management Inc lifted its holdings in shares of Alpha Architect 1-3 Month Box ETF by 26.7% in the 3rd quarter. Morse Asset Management Inc now owns 19,000 shares of the company’s stock worth $2,070,000 after acquiring an additional 4,000 shares during the last quarter.

Alpha Architect 1-3 Month Box ETF Stock Performance

BOXX stock opened at $111.05 on Wednesday. The stock has a market cap of $2.68 billion and a PE ratio of 21.80. The business’s 50 day moving average price is $110.57 and its 200-day moving average price is $109.63.

About Alpha Architect 1-3 Month Box ETF

The Alpha Architect 1-3 Month Box ETF (BOXX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed. The fund seeks to provide the price and yield performance of 1-3 month US Treasury Bills, less fees and expenses, through the use of derivatives BOXX was launched on Dec 28, 2022 and is managed by Alpha Architect.