Retirement Investment Advisors Inc. Makes New Investment in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)

Retirement Investment Advisors Inc. bought a new stake in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 455,505 shares of the company’s stock, valued at approximately $16,435,000. Xtrackers USD High Yield Corporate Bond ETF accounts for about 1.7% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 10th biggest position. Retirement Investment Advisors Inc. owned about 0.53% of Xtrackers USD High Yield Corporate Bond ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC raised its position in Xtrackers USD High Yield Corporate Bond ETF by 4.7% in the 4th quarter. Bogart Wealth LLC now owns 26,399 shares of the company’s stock worth $952,000 after purchasing an additional 1,192 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 35.6% in the fourth quarter. Arkadios Wealth Advisors now owns 15,486 shares of the company’s stock worth $559,000 after buying an additional 4,066 shares during the period. Global Financial Private Client LLC lifted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 55.5% during the 4th quarter. Global Financial Private Client LLC now owns 15,118 shares of the company’s stock worth $545,000 after acquiring an additional 5,397 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 83.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,266 shares of the company’s stock valued at $970,000 after acquiring an additional 11,923 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Xtrackers USD High Yield Corporate Bond ETF by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,039,567 shares of the company’s stock worth $37,508,000 after purchasing an additional 12,415 shares during the period.

Xtrackers USD High Yield Corporate Bond ETF Trading Down 0.2 %

HYLB stock opened at $36.10 on Friday. Xtrackers USD High Yield Corporate Bond ETF has a twelve month low of $34.71 and a twelve month high of $36.94. The business’s fifty day simple moving average is $36.43 and its two-hundred day simple moving average is $36.46.

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.