Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Shares Sold by BTS Asset Management Inc.

BTS Asset Management Inc. lessened its stake in shares of Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 6.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,608,709 shares of the company’s stock after selling 105,401 shares during the quarter. Xtrackers USD High Yield Corporate Bond ETF comprises about 57.9% of BTS Asset Management Inc.’s investment portfolio, making the stock its biggest holding. BTS Asset Management Inc. owned 1.88% of Xtrackers USD High Yield Corporate Bond ETF worth $58,042,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC boosted its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 9.9% during the 3rd quarter. Avior Wealth Management LLC now owns 268,392 shares of the company’s stock valued at $9,909,000 after purchasing an additional 24,176 shares in the last quarter. NBC Securities Inc. boosted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 25.0% during the third quarter. NBC Securities Inc. now owns 6,788 shares of the company’s stock worth $250,000 after buying an additional 1,357 shares in the last quarter. Bogart Wealth LLC grew its position in Xtrackers USD High Yield Corporate Bond ETF by 1.6% in the third quarter. Bogart Wealth LLC now owns 25,207 shares of the company’s stock worth $931,000 after buying an additional 389 shares during the last quarter. Global Financial Private Client LLC increased its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 55.5% in the fourth quarter. Global Financial Private Client LLC now owns 15,118 shares of the company’s stock valued at $545,000 after buying an additional 5,397 shares in the last quarter. Finally, Fortitude Family Office LLC lifted its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 85.2% during the 3rd quarter. Fortitude Family Office LLC now owns 2,720 shares of the company’s stock valued at $100,000 after acquiring an additional 1,251 shares during the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Stock Up 0.1 %

HYLB stock opened at $36.47 on Friday. The firm has a 50-day moving average of $36.38 and a two-hundred day moving average of $36.30. Xtrackers USD High Yield Corporate Bond ETF has a one year low of $34.71 and a one year high of $36.94.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

The Xtrackers USD High Yield Corporate Bond ETF (HYLB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield corporate bonds with 1 to 15 years remaining to maturity. HYLB was launched on Dec 7, 2016 and is managed by Xtrackers.