iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 69.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 7,632,220 shares of the company’s stock after selling 17,646,350 shares during the period. JPMorgan Chase & Co. owned approximately 1.21% of iShares Broad USD High Yield Corporate Bond ETF worth $288,345,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Whittier Trust Co. boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,001.6% during the second quarter. Whittier Trust Co. now owns 17,185 shares of the company’s stock worth $644,000 after buying an additional 15,625 shares during the period. Strategic Blueprint LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $477,000. First Command Advisory Services Inc. lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 15.4% during the 2nd quarter. First Command Advisory Services Inc. now owns 498,512 shares of the company’s stock worth $18,699,000 after acquiring an additional 66,505 shares during the period. Boyd Watterson Asset Management LLC OH lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 163.6% during the 2nd quarter. Boyd Watterson Asset Management LLC OH now owns 11,785 shares of the company’s stock worth $442,000 after acquiring an additional 7,314 shares during the period. Finally, Arkadios Wealth Advisors grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 128.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 26,624 shares of the company’s stock valued at $999,000 after purchasing an additional 14,960 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

BATS:USHY opened at $37.52 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a 12-month low of $34.90 and a 12-month high of $37.87. The stock’s 50 day simple moving average is $37.49 and its 200-day simple moving average is $37.50. The firm has a market cap of $23.61 billion, a P/E ratio of 10.79 and a beta of 0.41.

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.