Fisher Asset Management LLC Reduces Stock Position in iShares Broad USD High Yield Corporate Bond ETF $USHY

Fisher Asset Management LLC reduced its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 11.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 171,477 shares of the company’s stock after selling 21,761 shares during the period. Fisher Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $6,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth $35,000. Elyxium Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth $36,000. Creative Financial Designs Inc. ADV grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock worth $53,000 after buying an additional 1,410 shares in the last quarter. Olistico Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth $72,000. Finally, BOKF NA grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 64.7% in the 3rd quarter. BOKF NA now owns 3,039 shares of the company’s stock worth $115,000 after buying an additional 1,194 shares in the last quarter.

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

Shares of BATS:USHY opened at $37.11 on Friday. 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 stock has a market capitalization of $23.35 billion, a P/E ratio of 10.79 and a beta of 0.41. The firm has a fifty day simple moving average of $36.97 and a two-hundred day simple moving average of $37.25.

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.