Fisher Asset Management LLC Reduces Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Fisher Asset Management LLC lowered its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 9.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 208,991 shares of the company’s stock after selling 22,866 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $7,839,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of USHY. Farther Finance Advisors LLC lifted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 7.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 9,983 shares of the company’s stock worth $374,000 after acquiring an additional 665 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter worth about $468,000. Venturi Wealth Management LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 4,385.2% in the second quarter. Venturi Wealth Management LLC now owns 1,349,330 shares of the company’s stock worth $50,613,000 after purchasing an additional 1,319,246 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 128.3% during the second quarter. Arkadios Wealth Advisors now owns 26,624 shares of the company’s stock valued at $999,000 after buying an additional 14,960 shares during the period. Finally, SVB Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the first quarter valued at approximately $116,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS USHY opened at $37.48 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $34.90 and a fifty-two week high of $37.72. The company has a market cap of $23.58 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The business’s 50 day moving average price is $37.48 and its 200-day moving average price is $37.37.

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.