Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Stock Price Down 0.6% – Time to Sell?

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) was down 0.6% during mid-day trading on Monday . The company traded as low as $47.01 and last traded at $47.09. Approximately 6,655 shares were traded during trading, a decline of 90% from the average daily volume of 65,370 shares. The stock had previously closed at $47.38.

Xtrackers Low Beta High Yield Bond ETF Price Performance

The stock has a fifty day moving average price of $47.25 and a 200-day moving average price of $47.15.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers Low Beta High Yield Bond ETF stock. JPMorgan Chase & Co. grew its position in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) by 28.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,129 shares of the company’s stock after purchasing an additional 2,688 shares during the quarter. JPMorgan Chase & Co. owned about 0.18% of Xtrackers Low Beta High Yield Bond ETF worth $574,000 at the end of the most recent reporting period.

Xtrackers Low Beta High Yield Bond ETF Company Profile

The Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.