Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Trading 0% Higher – Here’s Why

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) traded up 0% on Wednesday . The company traded as high as $36.17 and last traded at $36.08. 1,874,584 shares changed hands during trading, an increase of 13% from the average session volume of 1,661,690 shares. The stock had previously closed at $36.07.

Xtrackers USD High Yield Corporate Bond ETF Stock Performance

The firm’s fifty day moving average price is $36.43 and its 200-day moving average price is $36.25.

Hedge Funds Weigh In On Xtrackers USD High Yield Corporate Bond ETF

Several large investors have recently bought and sold shares of HYLB. NBC Securities Inc. raised its holdings in Xtrackers USD High Yield Corporate Bond ETF by 25.0% in the 3rd quarter. NBC Securities Inc. now owns 6,788 shares of the company’s stock valued at $250,000 after buying an additional 1,357 shares during the last quarter. Bogart Wealth LLC raised its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 1.6% during the third quarter. Bogart Wealth LLC now owns 25,207 shares of the company’s stock valued at $931,000 after acquiring an additional 389 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 36.4% during the third quarter. Arkadios Wealth Advisors now owns 11,420 shares of the company’s stock worth $422,000 after purchasing an additional 3,049 shares during the period. Fortitude Family Office LLC grew its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 85.2% in the third quarter. Fortitude Family Office LLC now owns 2,720 shares of the company’s stock worth $100,000 after purchasing an additional 1,251 shares during the last quarter. Finally, Avior Wealth Management LLC raised its position in Xtrackers USD High Yield Corporate Bond ETF by 9.9% during the 3rd quarter. Avior Wealth Management LLC now owns 268,392 shares of the company’s stock worth $9,909,000 after purchasing an additional 24,176 shares during the last quarter.

About Xtrackers USD High Yield Corporate Bond ETF

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.