X-trackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Trading Up 0.1%

X-trackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)’s stock price rose 0.1% during trading on Thursday . The company traded as high as $35.52 and last traded at $35.51. Approximately 924,212 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 2,055,134 shares. The stock had previously closed at $35.49.

X-trackers USD High Yield Corporate Bond ETF Price Performance

The stock’s 50 day moving average price is $35.37 and its 200 day moving average price is $35.41.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BTS Asset Management Inc. raised its holdings in shares of X-trackers USD High Yield Corporate Bond ETF by 22.4% in the first quarter. BTS Asset Management Inc. now owns 2,050,270 shares of the company’s stock valued at $73,250,000 after purchasing an additional 375,539 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of X-trackers USD High Yield Corporate Bond ETF by 35.1% in the third quarter. Ameriprise Financial Inc. now owns 1,387,089 shares of the company’s stock valued at $47,052,000 after purchasing an additional 360,046 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of X-trackers USD High Yield Corporate Bond ETF by 778,697.6% in the first quarter. BNP Paribas Financial Markets now owns 327,095 shares of the company’s stock valued at $11,681,000 after purchasing an additional 327,053 shares during the last quarter. OLD Mission Capital LLC bought a new position in X-trackers USD High Yield Corporate Bond ETF during the first quarter valued at about $6,549,000. Finally, Avior Wealth Management LLC grew its position in X-trackers USD High Yield Corporate Bond ETF by 88.7% during the first quarter. Avior Wealth Management LLC now owns 222,146 shares of the company’s stock valued at $7,933,000 after buying an additional 104,405 shares during the period.

X-trackers 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.