Ninety One UK Ltd Has $17.54 Million Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Ninety One UK Ltd boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 207.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 464,171 shares of the company’s stock after purchasing an additional 313,360 shares during the period. Ninety One UK Ltd owned about 0.07% of iShares Broad USD High Yield Corporate Bond ETF worth $17,536,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in USHY. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter worth $28,000. Farmers & Merchants Investments Inc. lifted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 78.4% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 883 shares of the company’s stock worth $33,000 after acquiring an additional 388 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $41,000. AdvisorNet Financial Inc increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 20.1% in the second quarter. AdvisorNet Financial Inc now owns 2,868 shares of the company’s stock valued at $108,000 after acquiring an additional 480 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 50.4% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 6,303 shares of the company’s stock valued at $236,000 after purchasing an additional 2,112 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.40 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’s 50 day moving average price is $37.42 and its two-hundred day moving average price is $37.44. The firm has a market capitalization of $23.53 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.