American Trust Increases Holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

American Trust boosted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 35.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 246,199 shares of the company’s stock after purchasing an additional 64,045 shares during the period. iShares Broad USD High Yield Corporate Bond ETF makes up about 0.8% of American Trust’s investment portfolio, making the stock its 18th biggest holding. American Trust owned approximately 0.08% of iShares Broad USD High Yield Corporate Bond ETF worth $9,269,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of USHY. Fortitude Family Office LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth $27,000. Family Firm Inc. acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the second quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 71.7% during the 2nd 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 during the last quarter. GPS Wealth Strategies Group LLC increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 79.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock worth $35,000 after purchasing an additional 425 shares during the last quarter. Finally, Pinnacle Bancorp Inc. boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 429.1% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock valued at $47,000 after buying an additional 1,004 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.2 %

Shares of USHY stock opened at $37.28 on Friday. The company has a market capitalization of $11.42 billion, a PE ratio of 17.02 and a beta of 0.34. The stock’s 50 day moving average is $37.26 and its 200-day moving average is $36.95.

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.