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

Collaborative Fund Advisors LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 42,783 shares of the company’s stock, valued at approximately $1,576,000.

Other institutional investors have also recently bought and sold shares of the company. Amicus Financial Advisors LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $8,684,000. TD Private Client Wealth LLC grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,870.6% during the 4th quarter. TD Private Client Wealth LLC now owns 31,155 shares of the company’s stock valued at $1,165,000 after acquiring an additional 29,574 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,027,420 shares of the company’s stock worth $38,420,000 after acquiring an additional 25,089 shares during the last quarter. Douglass Winthrop Advisors LLC purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth $516,000. Finally, Fifth Third Securities Inc. raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 8.5% during the 4th quarter. Fifth Third Securities Inc. now owns 299,078 shares of the company’s stock worth $11,184,000 after purchasing an additional 23,507 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

USHY stock opened at $36.89 on Monday. The firm has a 50 day moving average of $36.99 and a two-hundred day moving average of $37.17. 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 company has a market capitalization of $23.21 billion, a price-to-earnings 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.