Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Trading 0.1% Higher – Here’s Why

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW)’s stock price was up 0.1% during mid-day trading on Friday . The company traded as high as $47.12 and last traded at $47.12. Approximately 3,514 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 65,452 shares. The stock had previously closed at $47.06.

Xtrackers Low Beta High Yield Bond ETF Price Performance

The stock has a fifty day simple moving average of $47.22 and a 200-day simple moving average of $46.99.

Institutional Trading of Xtrackers Low Beta High Yield Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. purchased a new position in Xtrackers Low Beta High Yield Bond ETF in the first quarter valued at $15,420,000. JPMorgan Chase & Co. grew its position in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock valued at $574,000 after acquiring an additional 2,688 shares during the period. Finally, American Family Investments Inc. grew its position in shares of Xtrackers Low Beta High Yield Bond ETF by 79.6% during the 2nd quarter. American Family Investments Inc. now owns 5,348,000 shares of the company’s stock valued at $252,878,000 after acquiring an additional 2,370,000 shares during the period.

About Xtrackers Low Beta High Yield Bond ETF

The Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.