Bank of New York Mellon Corp Sells 23,503 Shares of Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB)

Bank of New York Mellon Corp decreased its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 2.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,028,146 shares of the company’s stock after selling 23,503 shares during the period. Bank of New York Mellon Corp’s holdings in Xtrackers USD High Yield Corporate Bond ETF were worth $36,458,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Fifth Third Securities Inc. lifted its holdings in Xtrackers USD High Yield Corporate Bond ETF by 34.4% during the 2nd 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 in the last quarter. Hexagon Capital Partners LLC boosted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 28.0% in the second quarter. Hexagon Capital Partners LLC now owns 5,487 shares of the company’s stock valued at $195,000 after purchasing an additional 1,199 shares during the period. OLD Mission Capital LLC bought a new position in Xtrackers USD High Yield Corporate Bond ETF in the first quarter worth approximately $6,549,000. BNP Paribas Financial Markets increased its holdings in Xtrackers USD High Yield Corporate Bond ETF by 778,697.6% during the 1st quarter. BNP Paribas Financial Markets now owns 327,095 shares of the company’s stock worth $11,681,000 after purchasing an additional 327,053 shares during the period. Finally, Avior Wealth Management LLC raised its position in Xtrackers USD High Yield Corporate Bond ETF by 88.7% during the 1st quarter. Avior Wealth Management LLC now owns 222,146 shares of the company’s stock valued at $7,933,000 after purchasing an additional 104,405 shares in the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Trading Up 0.0 %

Shares of HYLB stock opened at $36.48 on Tuesday. Xtrackers USD High Yield Corporate Bond ETF has a twelve month low of $32.97 and a twelve month high of $36.52. The stock has a fifty day simple moving average of $35.90 and a two-hundred day simple moving average of $35.56.

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.