Fort Washington Investment Advisors Inc. OH Has $10.70 Million Stock Position in iShares Broad USD High Yield Corporate Bond ETF $USHY

Fort Washington Investment Advisors Inc. OH boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 43.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 286,153 shares of the company’s stock after purchasing an additional 87,311 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $10,701,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Olistico Wealth LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at $72,000. IFP Advisors Inc raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.5% during the third quarter. IFP Advisors Inc now owns 11,594 shares of the company’s stock valued at $438,000 after buying an additional 496 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 9.7% during the third quarter. NewEdge Advisors LLC now owns 36,715 shares of the company’s stock valued at $1,387,000 after buying an additional 3,243 shares during the last quarter. Strive Asset Management LLC lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.1% in the third quarter. Strive Asset Management LLC now owns 92,133 shares of the company’s stock valued at $3,481,000 after buying an additional 3,630 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 16.9% in the third quarter. Ameriprise Financial Inc. now owns 717,577 shares of the company’s stock valued at $27,392,000 after buying an additional 103,576 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.3%

Shares of USHY opened at $36.44 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a 12-month low of $34.90 and a 12-month high of $37.87. The firm has a market capitalization of $22.93 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The stock’s 50-day moving average price is $37.26 and its 200 day moving average price is $37.42.

About iShares Broad USD High Yield Corporate Bond ETF

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.