Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Sees Large Volume Increase – What’s Next?

Shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) saw unusually-strong trading volume on Wednesday . Approximately 7,162 shares were traded during mid-day trading, an increase of 78% from the previous session’s volume of 4,026 shares.The stock last traded at $53.82 and had previously closed at $53.61.

Xtrackers USD High Yield BB-B ex Financials ETF Price Performance

The company has a 50-day simple moving average of $53.92 and a 200 day simple moving average of $54.14.

Xtrackers USD High Yield BB-B ex Financials ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 10th. Shareholders of record on Monday, March 3rd were given a $0.2851 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds 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. lifted its position in shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 25.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,018,800 shares of the company’s stock after buying an additional 3,072,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF makes up 38.9% of American Family Investments Inc.’s holdings, making the stock its largest holding. American Family Investments Inc. owned about 128.92% of Xtrackers USD High Yield BB-B ex Financials ETF worth $803,021,000 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.