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

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB)’s stock price was up 0.1% during mid-day trading on Monday . The stock traded as high as $54.53 and last traded at $54.53. Approximately 39 shares were traded during trading, a decline of 100% from the average daily volume of 56,180 shares. The stock had previously closed at $54.49.

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

The stock’s 50-day moving average price is $54.53 and its 200 day moving average price is $54.46.

Institutional Trading of 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 34.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,835,800 shares of the company’s stock after purchasing an additional 5,317,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF comprises about 59.9% of American Family Investments Inc.’s investment portfolio, making the stock its largest position. American Family Investments Inc. owned about 96.91% of Xtrackers USD High Yield BB-B ex Financials ETF worth $1,143,677,000 at the end of the most recent reporting period.

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.