Trust Co. of Toledo NA OH Invests $41,000 in iShares Broad USD High Yield Corporate Bond ETF $USHY

Trust Co. of Toledo NA OH purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the second quarter, HoldingsChannel.com reports. The fund purchased 1,080 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC lifted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 4,385.2% during the 2nd quarter. Venturi Wealth Management LLC now owns 1,349,330 shares of the company’s stock worth $50,613,000 after acquiring an additional 1,319,246 shares during the period. Vicus Capital lifted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 6.0% during the 2nd quarter. Vicus Capital now owns 82,539 shares of the company’s stock worth $3,096,000 after acquiring an additional 4,690 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 40.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 58,937 shares of the company’s stock worth $2,211,000 after acquiring an additional 17,004 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter worth approximately $21,464,000. Finally, Rebalance LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 0.7% in the 2nd quarter. Rebalance LLC now owns 1,711,264 shares of the company’s stock valued at $64,190,000 after purchasing an additional 12,435 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS:USHY opened at $37.40 on Tuesday. The company has a market cap of $23.53 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The firm has a 50 day simple moving average of $37.56 and a 200 day simple moving average of $37.08. iShares Broad USD High Yield Corporate Bond ETF has a one year low of $34.90 and a one year high of $37.72.

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.