Strategic Advocates LLC Trims Stock Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Strategic Advocates LLC decreased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 12.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,086 shares of the company’s stock after selling 2,746 shares during the quarter. Strategic Advocates LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $702,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of USHY. JPMorgan Chase & Co. lifted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 304.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,967,523 shares of the company’s stock worth $2,408,377,000 after acquiring an additional 95,267,754 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 107.5% during the third quarter. BNP Paribas Financial Markets now owns 5,188,732 shares of the company’s stock worth $195,356,000 after buying an additional 2,688,663 shares during the period. Sumitomo Life Insurance Co. grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,026.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 724,600 shares of the company’s stock valued at $26,658,000 after buying an additional 660,300 shares in the last quarter. Nisa Investment Advisors LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at about $12,801,000. Finally, BTS Asset Management Inc. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,078.8% in the third quarter. BTS Asset Management Inc. now owns 255,101 shares of the company’s stock valued at $9,605,000 after purchasing an additional 233,461 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

BATS:USHY opened at $37.36 on Friday. The company has a 50-day moving average of $37.09 and a two-hundred day moving average of $37.11. The stock has a market capitalization of $11.44 billion, a price-to-earnings 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.