iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 21.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,147 shares of the company’s stock after selling 16,292 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $2,142,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. IFC & Insurance Marketing Inc. acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at approximately $27,000. Brown Brothers Harriman & Co. increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 43.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 923 shares of the company’s stock valued at $35,000 after purchasing an additional 278 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at $36,000. Creative Financial Designs Inc. ADV raised its position in iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock valued at $53,000 after purchasing an additional 1,410 shares during the period. Finally, Olistico Wealth LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth about $72,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $36.86 on Thursday. iShares Broad USD High Yield Corporate Bond ETF has a 1-year low of $36.39 and a 1-year high of $37.87. The business has a 50-day moving average of $36.97 and a 200-day moving average of $37.16. The company has a market capitalization of $23.19 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41.

iShares Broad USD High Yield Corporate Bond ETF Company 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.