Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Trading Down 0.2% – Time to Sell?

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB)’s stock price fell 0.2% on Wednesday . The company traded as low as $54.04 and last traded at $54.04. 82 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 235,946 shares. The stock had previously closed at $54.13.

Xtrackers USD High Yield BB-B ex Financials ETF Price Performance

The stock has a 50-day moving average of $54.12 and a two-hundred day moving average of $54.38.

Hedge Funds Weigh In On Xtrackers USD High Yield BB-B ex Financials ETF

An institutional investor recently raised its position in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. lifted its position in Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) by 37.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,627,800 shares of the company’s stock after acquiring an additional 7,792,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF makes up about 56.2% of American Family Investments Inc.’s holdings, making the stock its biggest holding. American Family Investments Inc. owned 79.74% of Xtrackers USD High Yield BB-B ex Financials ETF worth $1,560,138,000 at the end of the most recent reporting period.

Xtrackers USD High Yield BB-B ex Financials ETF Company Profile

The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of Ba1/BB+ through B3/B-. The fund places little restrictions on duration or maturity. BHYB was launched on Oct 27, 2023 and is issued by Xtrackers.