BNP Paribas Financial Markets Sells 62,289 Shares of Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)

BNP Paribas Financial Markets lowered its stake in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 18.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 275,496 shares of the company’s stock after selling 62,289 shares during the period. BNP Paribas Financial Markets owned 0.32% of Xtrackers USD High Yield Corporate Bond ETF worth $10,171,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 85.2% during the 3rd quarter. Fortitude Family Office LLC now owns 2,720 shares of the company’s stock valued at $100,000 after purchasing an additional 1,251 shares in the last quarter. Hexagon Capital Partners LLC boosted its position in Xtrackers USD High Yield Corporate Bond ETF by 28.0% during the 2nd quarter. Hexagon Capital Partners LLC now owns 5,487 shares of the company’s stock valued at $195,000 after acquiring an additional 1,199 shares in the last quarter. NBC Securities Inc. boosted its position in Xtrackers USD High Yield Corporate Bond ETF by 25.0% during the 3rd quarter. NBC Securities Inc. now owns 6,788 shares of the company’s stock valued at $250,000 after acquiring an additional 1,357 shares in the last quarter. Arkadios Wealth Advisors purchased a new position in shares of Xtrackers USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $297,000. Finally, Fifth Third Securities Inc. raised its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 34.4% in the 2nd quarter. Fifth Third Securities Inc. now owns 24,337 shares of the company’s stock worth $863,000 after acquiring an additional 6,230 shares in the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Stock Performance

NYSEARCA HYLB opened at $36.76 on Monday. The stock’s 50 day moving average is $36.56 and its 200 day moving average is $36.10. Xtrackers USD High Yield Corporate Bond ETF has a twelve month low of $34.51 and a twelve month high of $36.94.

Xtrackers USD High Yield Corporate Bond ETF Company Profile

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.