Polianta Ltd Sells 42,000 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Polianta Ltd lowered its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 0.9% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,835,000 shares of the company’s stock after selling 42,000 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF accounts for about 23.6% of Polianta Ltd’s portfolio, making the stock its 2nd biggest holding. Polianta Ltd owned 0.77% of iShares Broad USD High Yield Corporate Bond ETF worth $178,121,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USHY. Ameriprise Financial Inc. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 335.1% during the second quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock worth $23,011,000 after buying an additional 472,895 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 22.9% in the second quarter. Captrust Financial Advisors now owns 12,133 shares of the company’s stock worth $455,000 after buying an additional 2,258 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 16.3% in the third quarter. Hillsdale Investment Management Inc. now owns 13,120 shares of the company’s stock worth $496,000 after buying an additional 1,840 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 9.4% during the third quarter. EverSource Wealth Advisors LLC now owns 25,917 shares of the company’s stock worth $979,000 after acquiring an additional 2,231 shares during the last quarter. Finally, Sumitomo Life Insurance Co. boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 196.1% during the third quarter. Sumitomo Life Insurance Co. now owns 651,200 shares of the company’s stock worth $24,602,000 after acquiring an additional 431,300 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

USHY stock opened at $37.01 on Friday. The business has a 50 day simple moving average of $37.03 and a 200-day simple moving average of $37.20. The firm has a market capitalization of $23.28 billion, a PE ratio of 10.79 and a beta of 0.41. 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 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.