Wetzel Investment Advisors Inc. bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 27,517 shares of the company’s stock, valued at approximately $1,000,000.
Several other hedge funds and other institutional investors have also modified their holdings of USHY. TIAA Trust National Association bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth about $97,265,000. Allstate Investment Management Co. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at about $59,668,000. Bank of New York Mellon Corp boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 1,606.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 893,687 shares of the company’s stock valued at $31,020,000 after purchasing an additional 841,307 shares during the period. Sumitomo Life Insurance Co. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 300.9% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 829,900 shares of the company’s stock valued at $29,091,000 after purchasing an additional 622,900 shares during the period. Finally, Partners Capital Investment Group LLP boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 47.7% in the 1st quarter. Partners Capital Investment Group LLP now owns 1,399,084 shares of the company’s stock valued at $49,737,000 after purchasing an additional 452,105 shares during the period.
iShares Broad USD High Yield Corporate Bond ETF Price Performance
BATS USHY traded up $0.05 during trading on Friday, reaching $35.74. The company’s stock had a trading volume of 10,805,266 shares. The stock has a market cap of $11.34 billion, a price-to-earnings ratio of 17.08 and a beta of 0.33. The company has a 50 day moving average of $36.24 and a 200 day moving average of $35.75.
iShares Broad USD High Yield Corporate Bond ETF Increases Dividend
iShares Broad USD High Yield Corporate Bond ETF Company Profile
The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.
Further Reading
- Five stocks we like better than iShares Broad USD High Yield Corporate Bond ETF
- How to Calculate Return on Investment (ROI)
- Comprehensive Analysis of PayPal Stock
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for iShares Broad USD High Yield Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Broad USD High Yield Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.