Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Stock Price Up 0.1% – Time to Buy?

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) shot up 0.1% during trading on Monday . The company traded as high as $54.53 and last traded at $54.53. 39 shares traded hands during trading, a decline of 100% from the average session volume of 56,180 shares. The stock had previously closed at $54.49.

Xtrackers USD High Yield BB-B ex Financials ETF Stock Up 0.1%

The firm has a fifty day moving average of $54.54 and a two-hundred day moving average of $54.45.

Institutional Trading of 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 holdings in Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 34.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,835,800 shares of the company’s stock after buying an additional 5,317,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF accounts for 59.9% of American Family Investments Inc.’s investment portfolio, making the stock its biggest position. American Family Investments Inc. owned approximately 96.91% of Xtrackers USD High Yield BB-B ex Financials ETF worth $1,143,677,000 as of its most recent SEC filing.

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.