Amicus Financial Advisors LLC Purchases New Stake in iShares Broad USD High Yield Corporate Bond ETF $USHY

Amicus Financial Advisors LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 232,221 shares of the company’s stock, valued at approximately $8,684,000. iShares Broad USD High Yield Corporate Bond ETF accounts for about 2.4% of Amicus Financial Advisors LLC’s holdings, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in USHY. Brown Brothers Harriman & Co. raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 43.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 923 shares of the company’s stock worth $35,000 after acquiring an additional 278 shares in the last quarter. Carter Financial Group INC. increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 3.0% in the fourth quarter. Carter Financial Group INC. now owns 9,748 shares of the company’s stock valued at $365,000 after buying an additional 281 shares during the period. IFP Advisors Inc raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 4.5% during the 3rd quarter. IFP Advisors Inc now owns 11,594 shares of the company’s stock worth $438,000 after purchasing an additional 496 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 1.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 26,418 shares of the company’s stock valued at $988,000 after purchasing an additional 501 shares during the last quarter. Finally, Winch Advisory Services LLC increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.3% during the fourth quarter. Winch Advisory Services LLC now owns 24,916 shares of the company’s stock worth $932,000 after buying an additional 553 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.01 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a one year low of $36.39 and a one year high of $37.87. The stock’s 50-day moving average is $37.03 and its 200 day moving average is $37.20. The firm has a market cap of $23.28 billion, a price-to-earnings 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.