Amicus Financial Advisors LLC Invests $8.68 Million in iShares Broad USD High Yield Corporate Bond ETF $USHY

Amicus Financial Advisors LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the fourth quarter, Holdings Channel reports. The firm bought 232,221 shares of the company’s stock, valued at approximately $8,684,000. iShares Broad USD High Yield Corporate Bond ETF comprises about 2.4% of Amicus Financial Advisors LLC’s portfolio, making the stock its 10th biggest position.

Several other large investors have also added to or reduced their stakes in USHY. IFC & Insurance Marketing Inc. acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at about $27,000. Brown Brothers Harriman & Co. boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 43.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 923 shares of the company’s stock valued at $35,000 after buying an additional 278 shares during the last quarter. Elyxium Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock worth $53,000 after buying an additional 1,410 shares in the last quarter. Finally, Olistico Wealth LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth $72,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

BATS USHY opened at $37.01 on Friday. The firm has a market capitalization of $23.28 billion, a P/E ratio of 10.79 and a beta of 0.41. The business has a fifty day simple moving average of $37.03 and a 200 day simple moving average of $37.20. iShares Broad USD High Yield Corporate Bond ETF has a 12 month low of $36.39 and a 12 month high of $37.87.

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.