Captrust Financial Advisors Purchases New Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Captrust Financial Advisors acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,627 shares of the company’s stock, valued at approximately $400,000.

Several other hedge funds also recently modified their holdings of USHY. TIAA Trust National Association raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 166.8% in the second quarter. TIAA Trust National Association now owns 17,569,430 shares of the company’s stock valued at $638,196,000 after buying an additional 10,983,971 shares during the last quarter. BNP Paribas Financial Markets grew its stake 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 valued at $195,356,000 after purchasing an additional 2,688,663 shares during the last quarter. One Capital Management LLC increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 48.9% in the second quarter. One Capital Management LLC now owns 1,370,848 shares of the company’s stock valued at $49,734,000 after purchasing an additional 449,893 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares Broad USD High Yield Corporate Bond ETF by 36.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,492,763 shares of the company’s stock worth $54,157,000 after purchasing an additional 400,067 shares during the last quarter. Finally, Nisa Investment Advisors LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth $12,801,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of USHY opened at $37.18 on Friday. The company has a market cap of $11.39 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The company has a 50 day moving average price of $37.26 and a two-hundred day moving average price of $36.95.

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.