Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Stock Price Down 0.1% – What’s Next?

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB)’s stock price dropped 0.1% during trading on Wednesday . The company traded as low as $54.88 and last traded at $54.88. Approximately 19 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 32,453 shares. The stock had previously closed at $54.95.

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

The company has a 50-day moving average of $54.47 and a 200 day moving average of $53.83.

Hedge Funds 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. increased its stake in 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 Form 13F filing with the Securities & Exchange Commission. The fund owned 15,518,800 shares of the company’s stock after buying an additional 340,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF comprises approximately 46.2% of American Family Investments Inc.’s holdings, 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 reporting period.

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.