Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Trading Up 0.2% – Here’s Why

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) shares were up 0.2% on Tuesday . The stock traded as high as $54.23 and last traded at $54.23. Approximately 1 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 5,692 shares. The stock had previously closed at $54.11.

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

The company’s 50 day moving average price is $53.84 and its two-hundred day moving average price is $54.21.

Xtrackers USD High Yield BB-B ex Financials ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were given a dividend of $0.3126 per share. The ex-dividend date was Monday, February 3rd.

Institutional Trading of 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 stake in shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 25.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,018,800 shares of the company’s stock after acquiring an additional 3,072,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF makes up approximately 38.9% of American Family Investments Inc.’s holdings, making the stock its biggest position. American Family Investments Inc. owned about 128.92% of Xtrackers USD High Yield BB-B ex Financials ETF worth $803,021,000 at the end of the most recent reporting period.

About Xtrackers USD High Yield BB-B ex Financials ETF

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.