Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Hits New 12-Month High at $36.89

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $36.89 and last traded at $36.79, with a volume of 676828 shares trading hands. The stock had previously closed at $36.71.

Xtrackers USD High Yield Corporate Bond ETF Stock Performance

The stock has a 50 day moving average price of $36.12 and a 200-day moving average price of $35.64.

Hedge Funds Weigh In On Xtrackers USD High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Hexagon Capital Partners LLC boosted its position in Xtrackers USD High Yield Corporate Bond ETF by 27.8% during the 1st quarter. Hexagon Capital Partners LLC now owns 4,288 shares of the company’s stock valued at $153,000 after buying an additional 932 shares during the period. Summit Financial LLC purchased a new stake in shares of Xtrackers USD High Yield Corporate Bond ETF during the first quarter worth about $205,000. Arkadios Wealth Advisors bought a new stake in shares of Xtrackers USD High Yield Corporate Bond ETF in the second quarter worth about $297,000. Fifth Third Securities Inc. increased its holdings in Xtrackers USD High Yield Corporate Bond ETF by 34.4% during the 2nd 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 during the period. Finally, Bogart Wealth LLC raised its position in Xtrackers USD High Yield Corporate Bond ETF by 3.9% during the 1st quarter. Bogart Wealth LLC now owns 26,116 shares of the company’s stock valued at $933,000 after purchasing an additional 975 shares during the last quarter.

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.