Wilmington Savings Fund Society FSB Invests $74,000 in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Wilmington Savings Fund Society FSB bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,959 shares of the company’s stock, valued at approximately $74,000.

Other hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at $27,000. Family Firm Inc. purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the second quarter valued at about $27,000. Whittier Trust Co. of Nevada Inc. lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 71.7% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 812 shares of the company’s stock valued at $29,000 after purchasing an additional 339 shares in the last quarter. Pinnacle Bancorp Inc. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 429.1% during the third quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock worth $47,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Transcendent Capital Group LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at about $49,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $36.73 on Friday. The business has a fifty day simple moving average of $37.25 and a 200 day simple moving average of $36.98. The stock has a market cap of $11.25 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.