BNP Paribas Financial Markets Decreases Holdings in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)

BNP Paribas Financial Markets reduced its position in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 18.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 275,496 shares of the company’s stock after selling 62,289 shares during the period. BNP Paribas Financial Markets’ holdings in Xtrackers USD High Yield Corporate Bond ETF were worth $10,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Fortitude Family Office LLC lifted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 85.2% in the third quarter. Fortitude Family Office LLC now owns 2,720 shares of the company’s stock valued at $100,000 after acquiring an additional 1,251 shares during the period. Hexagon Capital Partners LLC lifted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 28.0% in the 2nd quarter. Hexagon Capital Partners LLC now owns 5,487 shares of the company’s stock worth $195,000 after purchasing an additional 1,199 shares during the period. NBC Securities Inc. lifted its stake in shares of Xtrackers USD High Yield Corporate Bond ETF by 25.0% in the 3rd quarter. NBC Securities Inc. now owns 6,788 shares of the company’s stock worth $250,000 after purchasing an additional 1,357 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of Xtrackers USD High Yield Corporate Bond ETF in the second quarter worth approximately $297,000. Finally, Fifth Third Securities Inc. grew its position in Xtrackers USD High Yield Corporate Bond ETF by 34.4% during the second quarter. Fifth Third Securities Inc. now owns 24,337 shares of the company’s stock valued at $863,000 after buying an additional 6,230 shares during the period.

Xtrackers USD High Yield Corporate Bond ETF Trading Up 0.2 %

HYLB opened at $36.76 on Monday. The firm’s 50 day simple moving average is $36.56 and its two-hundred day simple moving average is $36.10. Xtrackers USD High Yield Corporate Bond ETF has a 1-year low of $34.51 and a 1-year high of $36.94.

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.