iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 23.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,823,481 shares of the company’s stock after selling 572,670 shares during the quarter. Bank of New York Mellon Corp owned 0.29% of iShares Broad USD High Yield Corporate Bond ETF worth $67,177,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in USHY. IFC & Insurance Marketing Inc. acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth about $27,000. Anchor Investment Management LLC lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 80.2% during the 1st quarter. Anchor Investment Management LLC now owns 809 shares of the company’s stock valued at $30,000 after acquiring an additional 360 shares during the period. Brown Brothers Harriman & Co. lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 43.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 923 shares of the company’s stock valued at $35,000 after acquiring an additional 278 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $36,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock worth $53,000 after acquiring an additional 1,410 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

USHY opened at $36.80 on Thursday. The stock has a market cap of $23.15 billion, a P/E ratio of 10.79 and a beta of 0.41. The stock’s 50 day simple moving average is $36.93 and its 200 day simple moving average is $37.12. iShares Broad USD High Yield Corporate Bond ETF has a 1-year low of $36.39 and a 1-year 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.