Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) Sees Large Volume Increase

Shares of Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) saw unusually-strong trading volume on Thursday . Approximately 3,064,993 shares changed hands during trading, an increase of 41% from the previous session’s volume of 2,169,877 shares.The stock last traded at $34.83 and had previously closed at $34.80.

Xtrackers USD High Yield Corporate Bond ETF Stock Performance

The stock has a 50 day moving average price of $35.39 and a 200-day moving average price of $34.92.

Xtrackers USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, April 8th. Investors of record on Tuesday, April 2nd were paid a $0.1987 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Xtrackers USD High Yield Corporate Bond ETF’s previous dividend of $0.17.

Institutional Trading of Xtrackers USD High Yield Corporate Bond ETF

Several large investors have recently modified their holdings of the business. BTS Asset Management Inc. grew its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 94.7% during the 1st quarter. BTS Asset Management Inc. now owns 1,936,605 shares of the company’s stock worth $73,049,000 after acquiring an additional 942,023 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 160.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,049,271 shares of the company’s stock worth $35,570,000 after acquiring an additional 646,401 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 35.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,387,089 shares of the company’s stock worth $47,052,000 after acquiring an additional 360,046 shares during the period. Retirement Investment Advisors Inc. grew its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 447.1% during the 1st quarter. Retirement Investment Advisors Inc. now owns 251,244 shares of the company’s stock worth $8,731,000 after acquiring an additional 205,318 shares during the period. Finally, OLD Mission Capital LLC boosted its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 400.3% in the 1st quarter. OLD Mission Capital LLC now owns 173,534 shares of the company’s stock worth $6,030,000 after purchasing an additional 138,849 shares in 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.