American Trust Invests $4.93 Million in iShares Broad USD High Yield Corporate Bond ETF $USHY

American Trust bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 131,310 shares of the company’s stock, valued at approximately $4,925,000.

A number of other large investors also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 14.0% in the first quarter. EverSource Wealth Advisors LLC now owns 20,348 shares of the company’s stock worth $749,000 after purchasing an additional 2,504 shares during the last quarter. Keystone Global Partners LLC bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 1st quarter valued at about $949,000. Partners Capital Investment Group LLP lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 44.5% in the 1st quarter. Partners Capital Investment Group LLP now owns 1,228,973 shares of the company’s stock valued at $45,239,000 after acquiring an additional 378,198 shares during the last quarter. SVB Wealth LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter valued at about $116,000. Finally, OLD Mission Capital LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter worth approximately $29,203,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.39 on Monday. iShares Broad USD High Yield Corporate Bond ETF has a one year low of $34.90 and a one year high of $37.72. The business’s 50 day simple moving average is $37.45 and its two-hundred day simple moving average is $37.40. The stock has a market capitalization of $23.52 billion, a P/E ratio of 10.79 and a beta of 0.41.

iShares Broad USD High Yield Corporate Bond ETF 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.