Fisher Asset Management LLC Reduces Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Fisher Asset Management LLC lowered its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 7.5% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 193,238 shares of the company’s stock after selling 15,753 shares during the period. Fisher Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $7,301,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 177.0% during the third quarter. Jones Financial Companies Lllp now owns 61,767,288 shares of the company’s stock worth $2,330,480,000 after buying an additional 39,467,713 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 208.8% during the second quarter. JPMorgan Chase & Co. now owns 25,278,570 shares of the company’s stock worth $948,199,000 after acquiring an additional 17,091,459 shares during the last quarter. TIAA Trust National Association grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 5.6% during the 3rd quarter. TIAA Trust National Association now owns 9,364,978 shares of the company’s stock valued at $353,931,000 after acquiring an additional 496,842 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 18.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,185,643 shares of the company’s stock valued at $81,983,000 after acquiring an additional 344,651 shares during the last quarter. Finally, Rebalance LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 4.4% in the 3rd quarter. Rebalance LLC now owns 1,786,170 shares of the company’s stock valued at $67,481,000 after acquiring an additional 74,906 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.08 on Friday. The stock has a market cap of $23.33 billion, a P/E ratio of 10.79 and a beta of 0.41. The stock’s 50 day simple moving average is $37.49 and its 200-day simple moving average is $37.50. iShares Broad USD High Yield Corporate Bond ETF has a 1-year low of $34.90 and a 1-year high of $37.87.

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.