Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Trading Up 0.1% – Time to Buy?

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) shot up 0.1% during trading on Wednesday . The stock traded as high as $45.98 and last traded at $45.91. 2,136 shares changed hands during trading, a decline of 92% from the average session volume of 26,177 shares. The stock had previously closed at $45.87.

Xtrackers Low Beta High Yield Bond ETF Price Performance

The company’s 50-day moving average is $46.31 and its two-hundred day moving average is $46.48.

Hedge Funds Weigh In On Xtrackers Low Beta High Yield Bond ETF

An institutional investor recently raised its position in Xtrackers Low Beta High Yield Bond ETF stock. American Family Investments Inc. boosted its position in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) by 59.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,661,000 shares of the company’s stock after acquiring an additional 2,117,000 shares during the quarter. Xtrackers Low Beta High Yield Bond ETF accounts for approximately 12.6% of American Family Investments Inc.’s portfolio, making the stock its 3rd largest holding. American Family Investments Inc. owned about 120.45% of Xtrackers Low Beta High Yield Bond ETF worth $260,888,000 at the end of the most recent reporting period.

About Xtrackers Low Beta High Yield Bond ETF

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.