Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Shares Up 0% – Time to Buy?

Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB)’s share price rose 0% during trading on Friday . The company traded as high as $54.33 and last traded at $54.33. Approximately 36 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 30,692 shares. The stock had previously closed at $54.32.

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

The firm has a fifty day moving average price of $54.65 and a 200 day moving average price of $54.18.

Hedge Funds Weigh In On Xtrackers USD High Yield BB-B ex Financials ETF

A hedge fund recently raised its stake in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. increased its stake in shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,178,800 shares of the company’s stock after purchasing an additional 160,000 shares during the quarter. Xtrackers USD High Yield BB-B ex Financials ETF comprises about 56.4% of American Family Investments Inc.’s portfolio, making the stock its biggest position. American Family Investments Inc. owned 99.86% of Xtrackers USD High Yield BB-B ex Financials ETF worth $812,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.