Fort Washington Investment Advisors Inc. OH Buys 47,089 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Fort Washington Investment Advisors Inc. OH boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 16.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333,242 shares of the company’s stock after acquiring an additional 47,089 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.05% of iShares Broad USD High Yield Corporate Bond ETF worth $12,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Venturi Wealth Management LLC increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 5,219.9% in the 1st quarter. Venturi Wealth Management LLC now owns 1,316,148 shares of the company’s stock worth $48,487,000 after purchasing an additional 1,291,408 shares during the period. First PREMIER Bank boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 19.7% during the first quarter. First PREMIER Bank now owns 17,002 shares of the company’s stock valued at $626,000 after purchasing an additional 2,802 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 21.2% during the first quarter. Nations Financial Group Inc. IA ADV now owns 9,263 shares of the company’s stock valued at $341,000 after purchasing an additional 1,620 shares during the period. Amicus Financial Advisors LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth approximately $8,684,000. Finally, NewEdge Advisors LLC grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.3% in the fourth quarter. NewEdge Advisors LLC now owns 37,566 shares of the company’s stock worth $1,405,000 after purchasing an additional 851 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $36.95 on Monday. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $36.39 and a 52 week high of $37.87. The firm’s fifty day moving average is $37.02 and its 200 day moving average is $37.18. The company has a market cap of $23.25 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.