iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Bought by First Command Advisory Services Inc.

First Command Advisory Services Inc. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 21.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 709,628 shares of the company’s stock after buying an additional 127,114 shares during the period. First Command Advisory Services Inc. owned about 0.11% of iShares Broad USD High Yield Corporate Bond ETF worth $26,537,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of USHY. Polianta Ltd acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at $182,375,000. TIAA Trust National Association grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 5.6% during the third quarter. TIAA Trust National Association now owns 9,364,978 shares of the company’s stock worth $353,931,000 after purchasing an additional 496,842 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 335.1% during the second quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock worth $23,011,000 after purchasing an additional 472,895 shares during the last quarter. Sumitomo Life Insurance Co. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 196.1% during the third quarter. Sumitomo Life Insurance Co. now owns 651,200 shares of the company’s stock worth $24,602,000 after purchasing an additional 431,300 shares during the last quarter. Finally, Ninety One UK Ltd grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 86.2% during the fourth quarter. Ninety One UK Ltd now owns 864,416 shares of the company’s stock worth $32,325,000 after purchasing an additional 400,245 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of USHY stock opened at $36.78 on Friday. The stock’s 50-day moving average is $37.00 and its two-hundred day moving average is $37.23. The firm has a market cap of $23.14 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 1 year low of $36.39 and a 1 year high of $37.87.

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.