Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Stock Price Up 0% – Here’s Why

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB)’s share price was up 0% during trading on Tuesday . The company traded as high as $53.97 and last traded at $53.97. Approximately 160 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 274,713 shares. The stock had previously closed at $53.95.

Xtrackers USD High Yield BB-B ex Financials ETF Stock Up 0.0%

The business has a 50 day moving average price of $54.28 and a 200-day moving average price of $54.49.

Institutional Inflows and Outflows

An institutional investor recently raised its position 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 (BATS:BHYB) by 37.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,627,800 shares of the company’s stock after purchasing an additional 7,792,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF accounts for 56.2% of American Family Investments Inc.’s portfolio, making the stock its largest position. American Family Investments Inc. owned approximately 79.74% of Xtrackers USD High Yield BB-B ex Financials ETF worth $1,560,138,000 as of its most recent filing with the Securities and Exchange Commission.

Xtrackers USD High Yield BB-B ex Financials ETF Company Profile

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.