Xtrackers High Beta High Yield Bond ETF $HYUP Shares Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC boosted its position in Xtrackers High Beta High Yield Bond ETF (NYSEARCA:HYUP) by 51.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 137,854 shares of the company’s stock after purchasing an additional 46,821 shares during the period. Sound Income Strategies LLC owned about 0.20% of Xtrackers High Beta High Yield Bond ETF worth $5,858,000 as of its most recent filing with the Securities & Exchange Commission.

Xtrackers High Beta High Yield Bond ETF Stock Performance

Shares of NYSEARCA:HYUP opened at $41.56 on Tuesday. Xtrackers High Beta High Yield Bond ETF has a 52 week low of $39.48 and a 52 week high of $42.91. The company has a 50-day moving average price of $41.91 and a 200 day moving average price of $42.15.

Xtrackers High Beta High Yield Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a $0.1937 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.6%.

About Xtrackers High Beta High Yield Bond ETF

The Xtrackers High Beta High Yield Bond ETF (HYUP) 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 high yield to worst. HYUP was launched on Jan 11, 2018 and is managed by Xtrackers.