Vicus Capital Raises Stock Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Vicus Capital lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 7.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,849 shares of the company’s stock after acquiring an additional 5,226 shares during the quarter. Vicus Capital’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $2,866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of USHY. Continuum Advisory LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 3.6% in the fourth quarter. Continuum Advisory LLC now owns 8,703 shares of the company’s stock valued at $320,000 after purchasing an additional 302 shares during the last quarter. Covestor Ltd raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.8% during the 4th quarter. Covestor Ltd now owns 8,639 shares of the company’s stock worth $318,000 after purchasing an additional 392 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 1.6% in the 4th quarter. Sunbelt Securities Inc. now owns 33,759 shares of the company’s stock valued at $1,242,000 after buying an additional 526 shares in the last quarter. Davidson Trust Co. grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 12.9% during the 4th quarter. Davidson Trust Co. now owns 8,975 shares of the company’s stock valued at $330,000 after buying an additional 1,025 shares during the last quarter. Finally, OLD Point Trust & Financial Services N A acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at $47,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.7%

BATS USHY opened at $37.03 on Tuesday. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $34.90 and a fifty-two week high of $37.72. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The business has a fifty day moving average of $36.63 and a 200-day moving average of $36.87.

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.