Fifth Third Securities Inc. Buys 23,507 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Fifth Third Securities Inc. increased its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 299,078 shares of the company’s stock after buying an additional 23,507 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $11,184,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Richardson Capital Management LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth $32,000. Farmers & Merchants Investments Inc. lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 78.4% in the third quarter. Farmers & Merchants Investments Inc. now owns 883 shares of the company’s stock worth $33,000 after buying an additional 388 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth $35,000. TD Private Client Wealth LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth $60,000. Finally, Olistico Wealth LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth $72,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.4%

Shares of USHY opened at $36.98 on Friday. The company has a market cap of $23.27 billion, a PE ratio of 10.79 and a beta of 0.41. The business has a fifty day moving average of $37.10 and a 200 day moving average of $37.36. iShares Broad USD High Yield Corporate Bond ETF has a 52-week low of $35.41 and a 52-week 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.