Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Stock Price Up 0% – Here’s Why

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) shares shot up 0% on Friday . The company traded as high as $54.33 and last traded at $54.33. 36 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 30,692 shares. The stock had previously closed at $54.32.

Xtrackers USD High Yield BB-B ex Financials ETF Trading Up 0.0%

The company’s 50 day moving average price is $54.65 and its 200-day moving average price is $54.19.

Institutional Investors 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. grew its position in Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 1.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,178,800 shares of the company’s stock after purchasing an additional 160,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF makes up approximately 56.4% of American Family Investments Inc.’s holdings, making the stock its largest holding. American Family Investments Inc. owned approximately 99.86% of Xtrackers USD High Yield BB-B ex Financials ETF worth $812,759,000 at the end of the most recent quarter.

About Xtrackers USD High Yield BB-B ex Financials ETF

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.