Financial Gravity Asset Management Inc. Acquires 54,755 Shares of Xtrackers USD High Yield Corporate Bond ETF $HYLB

Financial Gravity Asset Management Inc. boosted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 745,317 shares of the company’s stock after buying an additional 54,755 shares during the quarter. Xtrackers USD High Yield Corporate Bond ETF makes up approximately 5.3% of Financial Gravity Asset Management Inc.’s investment portfolio, making the stock its 2nd largest position. Financial Gravity Asset Management Inc. owned approximately 0.78% of Xtrackers USD High Yield Corporate Bond ETF worth $27,450,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 303.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,047 shares of the company’s stock worth $75,000 after buying an additional 1,539 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new position in Xtrackers USD High Yield Corporate Bond ETF during the fourth quarter worth approximately $93,000. Jones Financial Companies Lllp increased its position in Xtrackers USD High Yield Corporate Bond ETF by 26.0% during the third quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock worth $132,000 after buying an additional 736 shares during the last quarter. Farther Finance Advisors LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 154.6% during the fourth quarter. Farther Finance Advisors LLC now owns 8,567 shares of the company’s stock worth $316,000 after buying an additional 5,202 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Xtrackers USD High Yield Corporate Bond ETF by 11.0% during the third quarter. NewEdge Advisors LLC now owns 25,506 shares of the company’s stock worth $947,000 after buying an additional 2,521 shares during the last quarter.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA HYLB opened at $36.49 on Friday. The business’s 50 day moving average price is $36.53 and its two-hundred day moving average price is $36.70. Xtrackers USD High Yield Corporate Bond ETF has a twelve month low of $35.92 and a twelve month high of $37.19.

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.