X-trackers USD High Yield Corporate Bond ETF (HYLB) Stake Lessened by BTS Asset Management Inc.

BTS Asset Management Inc. decreased its holdings in shares of X-trackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 3.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 476,041 shares of the company’s stock after selling 17,349 shares during the period. X-trackers USD High Yield Corporate Bond ETF comprises approximately 3.0% of BTS Asset Management Inc.’s investment portfolio, making the stock its 3rd largest holding. BTS Asset Management Inc. owned approximately 1.21% of X-trackers USD High Yield Corporate Bond ETF worth $23,735,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. PFS Investments Inc. lifted its position in shares of X-trackers USD High Yield Corporate Bond ETF by 91.3% during the 3rd quarter. PFS Investments Inc. now owns 458,634 shares of the company’s stock valued at $22,867,000 after buying an additional 218,853 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new position in X-trackers USD High Yield Corporate Bond ETF in the 2nd quarter valued at $205,000. IFP Advisors Inc lifted its holdings in X-trackers USD High Yield Corporate Bond ETF by 3,577.6% in the 3rd quarter. IFP Advisors Inc now owns 27,251 shares of the company’s stock valued at $1,359,000 after purchasing an additional 26,510 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in X-trackers USD High Yield Corporate Bond ETF in the 3rd quarter valued at $2,987,000. Finally, Toronto Dominion Bank lifted its holdings in X-trackers USD High Yield Corporate Bond ETF by 302.8% in the 2nd quarter. Toronto Dominion Bank now owns 20,342 shares of the company’s stock valued at $999,000 after purchasing an additional 15,292 shares in the last quarter.

Shares of HYLB stock opened at $48.29 on Monday. X-trackers USD High Yield Corporate Bond ETF has a fifty-two week low of $47.79 and a fifty-two week high of $50.91.

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 8th. Shareholders of record on Friday, November 2nd were issued a $0.2416 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $2.90 dividend on an annualized basis and a yield of 6.00%. This is a positive change from X-trackers USD High Yield Corporate Bond ETF’s previous monthly dividend of $0.23.

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Institutional Ownership by Quarter for X-trackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)

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