Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Sees Strong Trading Volume – What’s Next?

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) saw strong trading volume on Tuesday . 1,960,384 shares were traded during mid-day trading, an increase of 13% from the previous session’s volume of 1,741,492 shares.The stock last traded at $36.52 and had previously closed at $36.64.

Xtrackers USD High Yield Corporate Bond ETF Stock Down 0.5 %

The stock’s fifty day simple moving average is $36.55 and its 200-day simple moving average is $35.98.

Institutional Trading of Xtrackers USD High Yield Corporate Bond ETF

Several institutional investors have recently modified their holdings of the stock. NBC Securities Inc. boosted its position 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 acquiring an additional 1,357 shares during the last quarter. Hexagon Capital Partners LLC grew its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 28.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 5,487 shares of the company’s stock valued at $195,000 after buying an additional 1,199 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in Xtrackers USD High Yield Corporate Bond ETF during the 2nd quarter worth $297,000. Bogart Wealth LLC lifted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 1.6% in the 3rd quarter. Bogart Wealth LLC now owns 25,207 shares of the company’s stock worth $931,000 after acquiring an additional 389 shares during the period. Finally, Fortitude Family Office LLC lifted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 85.2% in the third quarter. Fortitude Family Office LLC now owns 2,720 shares of the company’s stock valued at $100,000 after purchasing an additional 1,251 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.