Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Trading Down 0.3% – Should You Sell?

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW)’s stock price was down 0.3% during mid-day trading on Wednesday . The stock traded as low as $46.42 and last traded at $46.42. Approximately 2,642 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 26,147 shares. The stock had previously closed at $46.57.

Xtrackers Low Beta High Yield Bond ETF Stock Down 0.3 %

The firm’s fifty day moving average price is $46.53 and its 200 day moving average price is $46.62.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers Low Beta High Yield Bond ETF stock. American Family Investments Inc. raised its holdings in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) by 59.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,661,000 shares of the company’s stock after purchasing an additional 2,117,000 shares during the quarter. Xtrackers Low Beta High Yield Bond ETF accounts for 12.6% of American Family Investments Inc.’s holdings, making the stock its 3rd largest holding. American Family Investments Inc. owned 120.45% of Xtrackers Low Beta High Yield Bond ETF worth $260,888,000 as of its most recent SEC filing.

About Xtrackers Low Beta High Yield Bond ETF

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.