Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Trading Down 0.2% – Should You Sell?

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) shares dropped 0.2% on Tuesday . The company traded as low as $46.66 and last traded at $46.68. Approximately 2,646 shares changed hands during trading, a decline of 85% from the average daily volume of 17,258 shares. The stock had previously closed at $46.77.

Xtrackers Low Beta High Yield Bond ETF Trading Down 0.2 %

The company’s 50 day moving average is $46.82 and its 200-day moving average is $46.52.

Institutional Investors Weigh In On Xtrackers Low Beta High Yield Bond ETF

An institutional investor recently bought a new position in Xtrackers Low Beta High Yield Bond ETF stock. Citizens & Northern Corp acquired a new stake in shares of Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,875 shares of the company’s stock, valued at approximately $1,330,000. Citizens & Northern Corp owned approximately 0.61% of Xtrackers Low Beta High Yield Bond ETF 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.