Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Stock Price Down 0.2% – Should You Sell?

Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW)’s share price dropped 0.2% during trading on Tuesday . The company traded as low as $46.66 and last traded at $46.68. Approximately 2,646 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 17,258 shares. The stock had previously closed at $46.77.

Xtrackers Low Beta High Yield Bond ETF Stock Down 0.2 %

The business’s fifty day simple moving average is $46.82 and its 200 day simple moving average is $46.52.

Hedge Funds Weigh In On Xtrackers Low Beta High Yield Bond ETF

A hedge fund recently bought a new stake in Xtrackers Low Beta High Yield Bond ETF stock. Citizens & Northern Corp bought a new position in Xtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 28,875 shares of the company’s stock, valued at approximately $1,330,000. Citizens & Northern Corp owned 0.61% of Xtrackers Low Beta High Yield Bond ETF at the end of the most recent reporting period.

About Xtrackers Low Beta High Yield Bond ETF

The Xtrackers Low Beta High Yield Bond ETF (HYDW) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high yield bonds with a low yield to worst. HYDW was launched on Jan 11, 2018 and is managed by Xtrackers.