Flow Traders U.S. LLC raised its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) by 151.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 128,034 shares of the company’s stock after purchasing an additional 77,164 shares during the quarter. Flow Traders U.S. LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $4,820,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. L & S Advisors Inc raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.6% in the third quarter. L & S Advisors Inc now owns 13,234 shares of the company’s stock valued at $498,000 after acquiring an additional 332 shares during the last quarter. Diversified Portfolios Inc. boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 4.5% in the third quarter. Diversified Portfolios Inc. now owns 7,795 shares of the company’s stock worth $293,000 after purchasing an additional 334 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 71.7% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 812 shares of the company’s stock worth $29,000 after purchasing an additional 339 shares in the last quarter. Strategic Advocates LLC grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 1.5% during the second quarter. Strategic Advocates LLC now owns 25,601 shares of the company’s stock worth $929,000 after purchasing an additional 375 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 79.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock valued at $35,000 after buying an additional 425 shares in the last quarter.
iShares Broad USD High Yield Corporate Bond ETF Trading Up 0.2 %
Shares of BATS USHY opened at $37.50 on Friday. The stock’s 50-day moving average is $37.30 and its 200-day moving average is $36.87. The firm has a market cap of $11.49 billion, a P/E ratio of 17.02 and a beta of 0.34.
iShares Broad USD High Yield Corporate Bond ETF 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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