Farther Finance Advisors LLC Has $374,000 Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Farther Finance Advisors LLC boosted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,983 shares of the company’s stock after purchasing an additional 665 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $374,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Golden State Wealth Management LLC lifted its stake in shares of 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 acquiring an additional 556 shares during the last quarter. Olistico Wealth LLC increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 43.9% in the 1st quarter. Olistico Wealth LLC now owns 1,963 shares of the company’s stock worth $72,000 after purchasing an additional 599 shares in the last quarter. Diversified Portfolios Inc. raised its position in iShares Broad USD High Yield Corporate Bond ETF by 10.7% in the first quarter. Diversified Portfolios Inc. now owns 6,997 shares of the company’s stock valued at $258,000 after purchasing an additional 676 shares during the last quarter. Arlington Trust Co LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the first quarter valued at about $37,000. Finally, GW&K Investment Management LLC grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 14.9% during the first quarter. GW&K Investment Management LLC now owns 9,793 shares of the company’s stock worth $360,000 after purchasing an additional 1,268 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.73 on Monday. The business has a 50 day moving average of $37.52 and a 200-day moving average of $37.03. The company has a market capitalization of $23.73 billion, a P/E ratio of 10.79 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a 1 year low of $34.90 and a 1 year high of $37.72.

About iShares Broad USD High Yield Corporate Bond ETF

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.