Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Sees Unusually-High Trading Volume – Should You Buy?

Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) shares saw strong trading volume on Monday . 1,369,094 shares were traded during trading, a decline of 7% from the previous session’s volume of 1,466,954 shares.The stock last traded at $36.34 and had previously closed at $36.41.

Xtrackers USD High Yield Corporate Bond ETF Trading Down 0.4 %

The firm has a 50-day moving average of $36.43 and a two-hundred day moving average of $36.48.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Retirement Investment Advisors Inc. acquired a new position in Xtrackers USD High Yield Corporate Bond ETF in the 4th quarter worth about $16,435,000. Performa Ltd US LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 38.7% in the 4th quarter. Performa Ltd US LLC now owns 1,041,438 shares of the company’s stock worth $37,575,000 after purchasing an additional 290,558 shares during the last quarter. TD Private Client Wealth LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 27.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 155,380 shares of the company’s stock worth $5,737,000 after purchasing an additional 33,278 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of Xtrackers USD High Yield Corporate Bond ETF during the 4th quarter valued at about $929,000. Finally, Avior Wealth Management LLC increased its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 9.0% during the 4th quarter. Avior Wealth Management LLC now owns 292,572 shares of the company’s stock valued at $10,556,000 after acquiring an additional 24,180 shares during the last quarter.

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.