Fort Washington Investment Advisors Inc. OH Acquires 48,900 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Fort Washington Investment Advisors Inc. OH increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 14.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 382,142 shares of the company’s stock after acquiring an additional 48,900 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $13,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USHY. Flagship Wealth Advisors LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the first quarter valued at $25,000. Anchor Investment Management LLC grew its position in iShares Broad USD High Yield Corporate Bond ETF by 80.2% during the 1st quarter. Anchor Investment Management LLC now owns 809 shares of the company’s stock worth $30,000 after purchasing an additional 360 shares during the period. Strive Financial Group LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter valued at about $49,000. Continuum Advisory LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter valued at about $79,000. Finally, Essential Partners LLC raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 549.5% during the 1st quarter. Essential Partners LLC now owns 4,254 shares of the company’s stock valued at $157,000 after buying an additional 3,599 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.4%

iShares Broad USD High Yield Corporate Bond ETF stock opened at $35.65 on Friday. The firm has a market cap of $22.43 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $35.30 and a 52 week high of $37.82. The business’s 50-day moving average price is $36.34 and its 200 day moving average price is $36.73.

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.