American Family Investments Inc. Sells 3,535,000 Shares of Xtrackers Low Beta High Yield Bond ETF $HYDW

American Family Investments Inc. lessened its holdings in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) by 66.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,813,000 shares of the company’s stock after selling 3,535,000 shares during the quarter. Xtrackers Low Beta High Yield Bond ETF makes up approximately 4.5% of American Family Investments Inc.’s holdings, making the stock its 5th biggest holding. American Family Investments Inc. owned about 0.56% of Xtrackers Low Beta High Yield Bond ETF worth $85,737,000 at the end of the most recent quarter.

Separately, JPMorgan Chase & Co. raised its stake in shares of Xtrackers Low Beta High Yield Bond ETF by 28.5% during the second quarter. JPMorgan Chase & Co. now owns 12,129 shares of the company’s stock worth $574,000 after buying an additional 2,688 shares during the last quarter.

Xtrackers Low Beta High Yield Bond ETF Stock Performance

Shares of NYSEARCA HYDW opened at $46.47 on Friday. Xtrackers Low Beta High Yield Bond ETF has a fifty-two week low of $44.79 and a fifty-two week high of $47.57. The company’s 50 day simple moving average is $47.17 and its 200 day simple moving average is $47.21.

Xtrackers Low Beta High Yield Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1986 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.1%.

Xtrackers Low Beta High Yield Bond ETF 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.