BTS Asset Management Inc. Has $30.40 Million Position in Xtrackers USD High Yield Corporate Bond ETF $HYLB

BTS Asset Management Inc. trimmed its position in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 22.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 823,411 shares of the company’s stock after selling 239,820 shares during the period. Xtrackers USD High Yield Corporate Bond ETF makes up approximately 36.6% of BTS Asset Management Inc.’s portfolio, making the stock its biggest position. BTS Asset Management Inc.’s holdings in Xtrackers USD High Yield Corporate Bond ETF were worth $30,400,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Performa Ltd US LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 15.2% in the 1st quarter. Performa Ltd US LLC now owns 1,199,920 shares of the company’s stock valued at $43,377,000 after buying an additional 158,482 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new stake in Xtrackers USD High Yield Corporate Bond ETF in the 1st quarter valued at about $22,820,000. Amundi increased its position in Xtrackers USD High Yield Corporate Bond ETF by 12.8% in the 1st quarter. Amundi now owns 329,478 shares of the company’s stock valued at $11,756,000 after buying an additional 37,400 shares in the last quarter. TD Private Client Wealth LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 16.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 253,299 shares of the company’s stock valued at $9,352,000 after buying an additional 34,863 shares in the last quarter. Finally, Hexagon Capital Partners LLC increased its holdings in Xtrackers USD High Yield Corporate Bond ETF by 10.8% during the 1st quarter. Hexagon Capital Partners LLC now owns 6,090 shares of the company’s stock worth $220,000 after purchasing an additional 594 shares in the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

Shares of HYLB opened at $36.93 on Wednesday. The stock has a 50 day moving average price of $36.94 and a two-hundred day moving average price of $36.52. Xtrackers USD High Yield Corporate Bond ETF has a 52 week low of $34.40 and a 52 week high of $37.19.

Xtrackers USD High Yield Corporate Bond ETF 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.