Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Shares Up 0.2% – Should You Buy?

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB)’s stock price shot up 0.2% during trading on Tuesday . The stock traded as high as $54.23 and last traded at $54.23. 1 shares traded hands during trading, a decline of 100% from the average session 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 firm’s 50 day moving average is $53.84 and its 200 day moving average is $54.21.

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

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. grew its stake in shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 25.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 comprises approximately 38.9% of American Family Investments Inc.’s portfolio, making the stock its biggest position. American Family Investments Inc. owned approximately 128.92% of Xtrackers USD High Yield BB-B ex Financials ETF worth $803,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.