Xtrackers USD High Yield Corporate Bond ETF $HYLB Stake Lifted by Performa Ltd US LLC

Performa Ltd US LLC lifted its position in Xtrackers USD High Yield Corporate Bond ETF (NYSEARCA:HYLB) by 11.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,450,899 shares of the company’s stock after acquiring an additional 151,943 shares during the period. Xtrackers USD High Yield Corporate Bond ETF accounts for about 14.3% of Performa Ltd US LLC’s investment portfolio, making the stock its 4th largest holding. Performa Ltd US LLC’s holdings in Xtrackers USD High Yield Corporate Bond ETF were worth $53,843,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in HYLB. Jones Financial Companies Lllp grew its stake in Xtrackers USD High Yield Corporate Bond ETF by 26.0% in the third quarter. Jones Financial Companies Lllp now owns 3,571 shares of the company’s stock worth $132,000 after purchasing an additional 736 shares during the period. Arkadios Wealth Advisors boosted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 17.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 17,934 shares of the company’s stock valued at $666,000 after buying an additional 2,689 shares in the last quarter. Retirement Investment Advisors Inc. boosted its holdings in shares of Xtrackers USD High Yield Corporate Bond ETF by 2.0% during the 3rd quarter. Retirement Investment Advisors Inc. now owns 518,245 shares of the company’s stock valued at $19,232,000 after buying an additional 10,242 shares in the last quarter. TD Private Client Wealth LLC grew its position in shares of Xtrackers USD High Yield Corporate Bond ETF by 22.4% in the 3rd quarter. TD Private Client Wealth LLC now owns 310,029 shares of the company’s stock worth $11,505,000 after buying an additional 56,730 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Xtrackers USD High Yield Corporate Bond ETF in the 2nd quarter worth about $2,581,000.

Xtrackers USD High Yield Corporate Bond ETF Price Performance

Shares of NYSEARCA HYLB opened at $36.87 on Tuesday. Xtrackers USD High Yield Corporate Bond ETF has a 1 year low of $34.40 and a 1 year high of $37.19. The firm has a 50-day moving average of $36.93 and a 200 day moving average of $36.88.

Xtrackers USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, February 9th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.206 per share. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date is Monday, February 2nd.

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.