Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Shares Down 0.2% – Time to Sell?

Shares of Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) were down 0.2% during trading on Thursday . The company traded as low as $53.97 and last traded at $53.97. 86 shares were traded during trading, a decline of 100% from the average session volume of 222,631 shares. The stock had previously closed at $54.06.

Xtrackers USD High Yield BB-B ex Financials ETF Price Performance

The company has a 50-day simple moving average of $54.01 and a 200 day simple moving average of $54.15.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. lifted its position in Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,518,800 shares of the company’s stock after acquiring an additional 340,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF accounts for approximately 46.2% of American Family Investments Inc.’s investment portfolio, making the stock its largest holding. American Family Investments Inc. owned approximately 97.30% of Xtrackers USD High Yield BB-B ex Financials ETF worth $845,387,000 at the end of the most recent quarter.

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. BHYB was launched on Oct 27, 2023 and is issued by Xtrackers.