iShares Broad USD High Yield Corporate Bond ETF $USHY is Venturi Wealth Management LLC’s 9th Largest Position

Venturi Wealth Management LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 5,219.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,316,148 shares of the company’s stock after purchasing an additional 1,291,408 shares during the period. iShares Broad USD High Yield Corporate Bond ETF comprises 2.2% of Venturi Wealth Management LLC’s portfolio, making the stock its 9th largest holding. Venturi Wealth Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $48,487,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 56.0% during the 4th quarter. JPMorgan Chase & Co. now owns 11,904,449 shares of the company’s stock valued at $445,167,000 after buying an additional 4,272,229 shares during the last quarter. TIAA Trust National Association grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.3% in the fourth quarter. TIAA Trust National Association now owns 9,768,912 shares of the company’s stock worth $365,532,000 after acquiring an additional 403,934 shares during the period. Polianta Ltd bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth $182,375,000. Bank of New York Mellon Corp increased its position in iShares Broad USD High Yield Corporate Bond ETF by 7.2% during the fourth quarter. Bank of New York Mellon Corp now owns 2,396,151 shares of the company’s stock valued at $89,604,000 after acquiring an additional 160,258 shares during the last quarter. Finally, One Capital Management LLC lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 11.1% in the fourth quarter. One Capital Management LLC now owns 2,341,985 shares of the company’s stock valued at $87,579,000 after acquiring an additional 234,803 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:USHY opened at $36.95 on Friday. The stock’s 50-day simple moving average is $37.02 and its two-hundred day simple moving average is $37.18. The stock has a market capitalization of $23.25 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 $36.39 and a 52-week 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.