Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Sees Unusually-High Trading Volume – What’s Next?

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYBGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 7,162 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 4,026 shares.The stock last traded at $53.82 and had previously closed at $53.61.

Xtrackers USD High Yield BB-B ex Financials ETF Trading Down 0.1 %

The business’s fifty day moving average is $53.93 and its two-hundred day moving average is $54.14.

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

The business also recently announced a dividend, which was paid on Monday, March 10th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2851 per share. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On Xtrackers USD High Yield BB-B ex Financials ETF

A hedge fund recently raised its stake in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. increased its holdings in shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYBFree Report) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,018,800 shares of the company’s stock after purchasing an additional 3,072,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF accounts for 38.9% of American Family Investments Inc.’s holdings, making the stock its biggest holding. American Family Investments Inc. owned about 128.92% of Xtrackers USD High Yield BB-B ex Financials ETF worth $803,021,000 as of its most recent SEC filing.

About Xtrackers USD High Yield BB-B ex Financials ETF

(Get Free Report)

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.

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