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

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) shares saw strong trading volume on Tuesday . 4,300,001 shares changed hands during mid-day trading, an increase of 200% from the previous session’s volume of 1,433,834 shares.The stock last traded at $54.67 and had previously closed at $54.69.

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

The company has a fifty day moving average price of $54.52 and a two-hundred day moving average price of $54.48.

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

An institutional investor recently raised its position in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. raised its stake in shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 2.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm 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 makes up 46.2% of American Family Investments Inc.’s portfolio, making the stock its largest holding. American Family Investments Inc. owned about 97.30% of Xtrackers USD High Yield BB-B ex Financials ETF worth $845,387,000 as of its most recent filing with the SEC.

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