iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 7.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,396,151 shares of the company’s stock after buying an additional 160,258 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $89,604,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of USHY. Ameriprise Financial Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 335.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock worth $23,011,000 after purchasing an additional 472,895 shares in the last quarter. Captrust Financial Advisors raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 22.9% during the 2nd quarter. Captrust Financial Advisors now owns 12,133 shares of the company’s stock valued at $455,000 after buying an additional 2,258 shares during the period. Bessemer Group Inc. increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 23,046.5% in the 3rd quarter. Bessemer Group Inc. now owns 36,803 shares of the company’s stock valued at $1,390,000 after purchasing an additional 36,644 shares during the last quarter. Hillsdale Investment Management Inc. increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 16.3% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 13,120 shares of the company’s stock valued at $496,000 after purchasing an additional 1,840 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 9.4% in the third quarter. EverSource Wealth Advisors LLC now owns 25,917 shares of the company’s stock worth $979,000 after acquiring an additional 2,231 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.1%

BATS:USHY opened at $36.81 on Tuesday. The company has a fifty day simple moving average of $37.00 and a two-hundred day simple moving average of $37.23. The company has a market cap of $23.16 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $36.39 and a 52 week high of $37.87.

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.