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

BTS Asset Management Inc. lowered its position in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 10.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,714,110 shares of the company’s stock after selling 190,637 shares during the period. Xtrackers USD High Yield Corporate Bond ETF accounts for approximately 60.3% of BTS Asset Management Inc.’s portfolio, making the stock its largest position. BTS Asset Management Inc. owned 2.00% of Xtrackers USD High Yield Corporate Bond ETF worth $63,285,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BNP Paribas Financial Markets increased its holdings in Xtrackers USD High Yield Corporate Bond ETF by 778,697.6% in the first quarter. BNP Paribas Financial Markets now owns 327,095 shares of the company’s stock worth $11,681,000 after purchasing an additional 327,053 shares in the last quarter. OLD Mission Capital LLC acquired a new position in shares of Xtrackers USD High Yield Corporate Bond ETF during the 1st quarter valued at $6,549,000. Avior Wealth Management LLC boosted its stake in Xtrackers USD High Yield Corporate Bond ETF by 88.7% during the first quarter. Avior Wealth Management LLC now owns 222,146 shares of the company’s stock worth $7,933,000 after acquiring an additional 104,405 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in Xtrackers USD High Yield Corporate Bond ETF in the second quarter worth $297,000. Finally, Fifth Third Securities Inc. increased its stake in Xtrackers USD High Yield Corporate Bond ETF by 34.4% in the second quarter. Fifth Third Securities Inc. now owns 24,337 shares of the company’s stock valued at $863,000 after purchasing an additional 6,230 shares in the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Stock Performance

NYSEARCA HYLB opened at $36.36 on Thursday. Xtrackers USD High Yield Corporate Bond ETF has a 52 week low of $33.18 and a 52 week high of $36.94. The business has a 50 day moving average price of $36.53 and a 200-day moving average price of $35.84.

Xtrackers USD High Yield Corporate Bond ETF 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.