737,745 iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Sold by Ninety One UK Ltd

Ninety One UK Ltd reduced its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 39.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,129,762 shares of the company’s stock after selling 737,745 shares during the quarter. Ninety One UK Ltd owned about 0.18% of iShares Broad USD High Yield Corporate Bond ETF worth $40,355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Venturi Wealth Management LLC lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 5,219.9% during the 1st quarter. Venturi Wealth Management LLC now owns 1,316,148 shares of the company’s stock worth $48,487,000 after buying an additional 1,291,408 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 764,789.1% in the 2nd quarter. Financial Management Professionals Inc. now owns 703,698 shares of the company’s stock worth $26,051,000 after buying an additional 703,606 shares during the last quarter. Amicus Financial Advisors LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $8,684,000. Manning & Napier Advisors LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 32.2% in the 1st quarter. Manning & Napier Advisors LLC now owns 481,267 shares of the company’s stock worth $17,730,000 after buying an additional 117,101 shares during the last quarter. Finally, Atomic Invest LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 338.1% in the 2nd quarter. Atomic Invest LLC now owns 63,925 shares of the company’s stock worth $2,368,000 after buying an additional 49,333 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 0.4%

Shares of USHY stock traded up $0.12 during trading on Thursday, hitting $35.63. The company’s stock had a trading volume of 8,621,827 shares, compared to its average volume of 13,789,973. The company has a market cap of $22.42 billion, a PE ratio of 10.79 and a beta of 0.41. The business has a fifty day moving average of $36.36 and a 200-day moving average of $36.74. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $35.30 and a 52 week high of $37.82.

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.