Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Trading 0.2% Higher – Here’s What Happened

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) was up 0.2% during mid-day trading on Friday . The company traded as high as $36.67 and last traded at $36.66. Approximately 649,390 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 1,801,542 shares. The stock had previously closed at $36.58.

Xtrackers USD High Yield Corporate Bond ETF Trading Up 0.2 %

The firm’s 50-day moving average is $36.50 and its 200 day moving average is $35.82.

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

Hedge funds have recently modified their holdings of the business. Hexagon Capital Partners LLC lifted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 28.0% in the second quarter. Hexagon Capital Partners LLC now owns 5,487 shares of the company’s stock worth $195,000 after acquiring an additional 1,199 shares during the period. Arkadios Wealth Advisors bought a new stake in shares of Xtrackers USD High Yield Corporate Bond ETF in the 2nd quarter valued at $297,000. NBC Securities Inc. increased its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 25.0% during the third quarter. NBC Securities Inc. now owns 6,788 shares of the company’s stock worth $250,000 after buying an additional 1,357 shares during the period. BNP Paribas Financial Markets raised its stake in Xtrackers USD High Yield Corporate Bond ETF by 778,697.6% during the first quarter. BNP Paribas Financial Markets now owns 327,095 shares of the company’s stock worth $11,681,000 after buying an additional 327,053 shares during the last quarter. Finally, Fifth Third Securities Inc. raised its stake in Xtrackers USD High Yield Corporate Bond ETF by 34.4% during the second quarter. Fifth Third Securities Inc. now owns 24,337 shares of the company’s stock worth $863,000 after buying an additional 6,230 shares during the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

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.