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

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB)’s stock price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $54.87 and last traded at $54.85. 2,020 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 424,601 shares. The stock had previously closed at $54.80.

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

The company has a 50-day moving average price of $54.61 and a two-hundred day moving average price of $54.54.

Institutional Investors Weigh In On Xtrackers USD High Yield BB-B ex Financials ETF

An institutional investor recently raised its position in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. increased its position in shares of 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 filing with the Securities and Exchange Commission. The firm owned 15,518,800 shares of the company’s stock after purchasing an additional 340,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF makes up 46.2% of American Family Investments Inc.’s portfolio, making the stock its largest holding. American Family Investments Inc. owned about 97.30% of Xtrackers USD High Yield BB-B ex Financials ETF worth $845,387,000 at the end of the most recent quarter.

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.