Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Stock Price Up 0% – Still a Buy?

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)’s stock price was up 0% during mid-day trading on Wednesday . The company traded as high as $36.17 and last traded at $36.08. Approximately 1,874,584 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 1,661,690 shares. The stock had previously closed at $36.07.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

The stock has a fifty day moving average price of $36.43 and a 200 day moving average price of $36.25.

Institutional Trading of Xtrackers USD High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Avior Wealth Management LLC raised its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 9.9% in the third quarter. Avior Wealth Management LLC now owns 268,392 shares of the company’s stock worth $9,909,000 after buying an additional 24,176 shares in the last quarter. NBC Securities Inc. increased its stake in Xtrackers USD High Yield Corporate Bond ETF by 25.0% in the third quarter. NBC Securities Inc. now owns 6,788 shares of the company’s stock valued at $250,000 after acquiring an additional 1,357 shares during the last quarter. Bogart Wealth LLC raised its position in Xtrackers USD High Yield Corporate Bond ETF by 1.6% during the third quarter. Bogart Wealth LLC now owns 25,207 shares of the company’s stock valued at $931,000 after purchasing an additional 389 shares in the last quarter. Fortitude Family Office LLC raised its holdings 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 buying an additional 1,251 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 27.3% in the third quarter. TD Private Client Wealth LLC now owns 155,380 shares of the company’s stock worth $5,737,000 after buying an additional 33,278 shares during the period.

About Xtrackers USD High Yield Corporate Bond ETF

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.