Donoghue Forlines Tactical High Yield ETF (BATS:DFHY) Stock Price Up 0.1%

Shares of Donoghue Forlines Tactical High Yield ETF (BATS:DFHY) rose 0.1% during trading on Wednesday . The company traded as high as $21.66 and last traded at $21.66. Approximately 484 shares traded hands during mid-day trading, The stock had previously closed at $21.63.

Donoghue Forlines Tactical High Yield ETF Trading Up 0.1 %

The stock’s fifty day simple moving average is $21.28 and its 200 day simple moving average is $21.06. The company has a market cap of $32.05 million, a price-to-earnings ratio of 58.31 and a beta of 0.25.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Donoghue Forlines Tactical High Yield ETF stock. Wellington Wealth Strategies LLC. purchased a new position in Donoghue Forlines Tactical High Yield ETF (BATS:DFHY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,082 shares of the company’s stock, valued at approximately $422,000. Wellington Wealth Strategies LLC. owned approximately 1.34% of Donoghue Forlines Tactical High Yield ETF at the end of the most recent quarter.

About Donoghue Forlines Tactical High Yield ETF

The Donoghue Forlines Tactical High Yield ETF (DFHY) is an exchange-traded fund that is based on the FCF Tactical High Yield index. The fund is a fund of funds that tactically allocates exposure to high yield ETFs or US Treasury ETFs based on daily buy-sell signal. DFHY was launched on Dec 8, 2020 and is managed by Donoghue Forlines.