Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) Stock Price Down 0.2% – Here’s What Happened

Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB)’s share price fell 0.2% during trading on Wednesday . The company traded as low as $54.04 and last traded at $54.04. 82 shares were traded during mid-day trading, a decline of 100% from the average session volume of 235,946 shares. The stock had previously closed at $54.13.

Xtrackers USD High Yield BB-B ex Financials ETF Trading Down 0.4%

The business has a 50-day moving average price of $54.13 and a two-hundred day moving average price of $54.38.

Institutional Investors 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. raised its stake in shares of Xtrackers USD High Yield BB-B ex Financials ETF (BATS:BHYB) by 2.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 15,518,800 shares of the company’s stock after purchasing an additional 340,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF makes up approximately 46.2% of American Family Investments Inc.’s portfolio, making the stock its biggest holding. American Family Investments Inc. owned about 97.30% of Xtrackers USD High Yield BB-B ex Financials ETF worth $845,387,000 as of its most recent SEC filing.

About Xtrackers USD High Yield BB-B ex Financials ETF

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.