Ascentis Independent Advisors Boosts Stake in iShares Broad USD High Yield Corporate Bond ETF $USHY

Ascentis Independent Advisors increased its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 106.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,164 shares of the company’s stock after acquiring an additional 46,929 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $3,358,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Polianta Ltd bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at $182,375,000. JPMorgan Chase & Co. grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 56.0% in the 4th quarter. JPMorgan Chase & Co. now owns 11,904,449 shares of the company’s stock worth $445,167,000 after buying an additional 4,272,229 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of 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 valued at $48,487,000 after purchasing an additional 1,291,408 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 335.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock valued at $23,011,000 after purchasing an additional 472,895 shares during the last quarter. Finally, TIAA Trust National Association raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.3% during the fourth quarter. TIAA Trust National Association now owns 9,768,912 shares of the company’s stock worth $365,532,000 after purchasing an additional 403,934 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

iShares Broad USD High Yield Corporate Bond ETF stock opened at $36.89 on Monday. iShares Broad USD High Yield Corporate Bond ETF has a 12 month low of $36.39 and a 12 month high of $37.87. The stock’s 50 day simple moving average is $36.99 and its two-hundred day simple moving average is $37.17. The firm has a market cap of $23.21 billion, a PE ratio of 10.79 and a beta of 0.41.

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.