Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Trading Down 0.6% – Here’s What Happened

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDWGet Free Report) shares dropped 0.6% during mid-day trading on Monday . The company traded as low as $47.01 and last traded at $47.09. Approximately 6,655 shares traded hands during trading, a decline of 90% from the average daily volume of 65,370 shares. The stock had previously closed at $47.38.

Xtrackers Low Beta High Yield Bond ETF Stock Down 0.6%

The stock’s 50 day moving average price is $47.25 and its two-hundred day moving average price is $47.15.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers Low Beta High Yield Bond ETF stock. JPMorgan Chase & Co. lifted its position in shares of Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDWFree Report) by 28.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,129 shares of the company’s stock after purchasing an additional 2,688 shares during the quarter. JPMorgan Chase & Co. owned 0.18% of Xtrackers Low Beta High Yield Bond ETF worth $574,000 as of its most recent SEC filing.

About Xtrackers Low Beta High Yield Bond ETF

(Get Free Report)

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.

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