Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) Sees Unusually-High Trading Volume – What’s Next?

Shares of Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) saw strong trading volume on Thursday . 7,250,224 shares traded hands during mid-day trading, an increase of 12,066% from the previous session’s volume of 59,596 shares.The stock last traded at $54.57 and had previously closed at $54.63.

Xtrackers USD High Yield BB-B ex Financials ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $54.57 and a two-hundred day simple moving average of $54.34.

Hedge Funds Weigh In On Xtrackers USD High Yield BB-B ex Financials ETF

An institutional investor recently raised its position in Xtrackers USD High Yield BB-B ex Financials ETF stock. American Family Investments Inc. boosted its position in Xtrackers USD High Yield BB-B ex Financials ETF (NYSEARCA:BHYB) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,178,800 shares of the company’s stock after purchasing an additional 160,000 shares during the period. Xtrackers USD High Yield BB-B ex Financials ETF comprises approximately 56.4% of American Family Investments Inc.’s portfolio, making the stock its biggest holding. American Family Investments Inc. owned 99.86% of Xtrackers USD High Yield BB-B ex Financials ETF worth $812,759,000 at the end of the most recent reporting period.

About Xtrackers USD High Yield BB-B ex Financials ETF

The Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index that specifically invests in USD-denominated corporate bonds with a credit rating of Ba1/BB+ through B3/B-. The fund places little restrictions on duration or maturity.