iShares International High Yield Bond ETF (BATS:HYXU) Stock Price Up 0.1% – Time to Buy?

Shares of iShares International High Yield Bond ETF (BATS:HYXU) rose 0.1% on Thursday . The stock traded as high as $54.63 and last traded at $54.5794. Approximately 10,980 shares changed hands during trading, an increase of 75% from the average daily volume of 6,275 shares. The stock had previously closed at $54.55.

iShares International High Yield Bond ETF Trading Down 0.4%

The company’s fifty day moving average price is $55.15 and its two-hundred day moving average price is $54.41.

Institutional Trading of iShares International High Yield Bond ETF

A hedge fund recently raised its position in iShares International High Yield Bond ETF stock. Bank of New York Mellon Corp lifted its position in iShares International High Yield Bond ETF (BATS:HYXU) by 11.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,686 shares of the company’s stock after acquiring an additional 606 shares during the period. Bank of New York Mellon Corp owned about 0.63% of iShares International High Yield Bond ETF worth $280,000 as of its most recent SEC filing.

About iShares International High Yield Bond ETF

The iShares International High Yield Bond ETF (HYXU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index comprised of high yield bonds from developed markets ex-US Dollar. HYXU was launched on Apr 3, 2012 and is managed by BlackRock.