Hexagon Capital Partners LLC Grows Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Hexagon Capital Partners LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 21.8% during the 1st quarter, Holdings Channel reports. The fund owned 25,844 shares of the company’s stock after acquiring an additional 4,618 shares during the period. Hexagon Capital Partners LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $951,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in USHY. Golden State Wealth Management LLC lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 152.7% in the 1st quarter. Golden State Wealth Management LLC now owns 920 shares of the company’s stock valued at $34,000 after purchasing an additional 556 shares in the last quarter. Arlington Trust Co LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the first quarter worth approximately $37,000. OLD Point Trust & Financial Services N A purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $47,000. Wintrust Investments LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $67,000. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 1st quarter valued at $71,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 1.9%

USHY stock opened at $37.45 on Friday. The stock has a market capitalization of $23.56 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 $34.90 and a 52-week high of $37.72. The stock’s fifty day simple moving average is $36.94 and its 200-day simple moving average is $36.86.

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.