Janney Montgomery Scott LLC lowered its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) by 21.9% during the first quarter, according to its most recent 13F 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 quarter. Janney Montgomery Scott LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $2,142,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at about $27,000. Brown Brothers Harriman & Co. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 43.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 923 shares of the company’s stock valued at $35,000 after purchasing an additional 278 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% during the 4th 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 in the last quarter. Finally, Olistico Wealth LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at approximately $72,000.
iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.2%
USHY stock opened at $36.86 on Thursday. The stock’s 50 day moving average is $36.97 and its two-hundred day moving average is $37.16. 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 company has a market capitalization of $23.19 billion, a PE 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.
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