BTS Asset Management Inc. Has $58.04 Million Stock Position in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)

BTS Asset Management Inc. cut its holdings in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,608,709 shares of the company’s stock after selling 105,401 shares during the period. Xtrackers USD High Yield Corporate Bond ETF comprises approximately 57.9% of BTS Asset Management Inc.’s investment portfolio, making the stock its biggest holding. BTS Asset Management Inc.’s holdings in Xtrackers USD High Yield Corporate Bond ETF were worth $58,042,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC increased its holdings in Xtrackers USD High Yield Corporate Bond ETF by 27.3% during the third quarter. TD Private Client Wealth LLC now owns 155,380 shares of the company’s stock worth $5,737,000 after buying an additional 33,278 shares during the last quarter. Avior Wealth Management LLC increased its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 9.9% during the 3rd quarter. Avior Wealth Management LLC now owns 268,392 shares of the company’s stock worth $9,909,000 after purchasing an additional 24,176 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Xtrackers USD High Yield Corporate Bond ETF by 83.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 26,266 shares of the company’s stock valued at $970,000 after purchasing an additional 11,923 shares during the last quarter. Global Financial Private Client LLC grew its holdings in Xtrackers USD High Yield Corporate Bond ETF by 55.5% during the fourth quarter. Global Financial Private Client LLC now owns 15,118 shares of the company’s stock worth $545,000 after purchasing an additional 5,397 shares during the period. Finally, Arkadios Wealth Advisors increased its position in Xtrackers USD High Yield Corporate Bond ETF by 35.6% during 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 last quarter.

Xtrackers USD High Yield Corporate Bond ETF Stock Up 0.1 %

HYLB opened at $36.47 on Friday. Xtrackers USD High Yield Corporate Bond ETF has a 12-month low of $34.71 and a 12-month high of $36.94. The business has a 50 day moving average of $36.38 and a 200-day moving average of $36.30.

About Xtrackers USD High Yield Corporate Bond ETF

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.