Integrated Wealth Concepts LLC Sells 3,358 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Integrated Wealth Concepts LLC reduced its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 37.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,650 shares of the company’s stock after selling 3,358 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $213,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. TIAA Trust National Association increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 166.8% during the 2nd quarter. TIAA Trust National Association now owns 17,569,430 shares of the company’s stock valued at $638,196,000 after acquiring an additional 10,983,971 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 107.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,188,732 shares of the company’s stock worth $195,356,000 after purchasing an additional 2,688,663 shares during the last quarter. One Capital Management LLC boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 48.9% during the second quarter. One Capital Management LLC now owns 1,370,848 shares of the company’s stock worth $49,734,000 after purchasing an additional 449,893 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 36.6% during the second quarter. Bank of New York Mellon Corp now owns 1,492,763 shares of the company’s stock valued at $54,157,000 after purchasing an additional 400,067 shares during the last quarter. Finally, Nisa Investment Advisors LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter valued at approximately $12,801,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.18 on Friday. The business has a fifty day moving average price of $37.26 and a two-hundred day moving average price of $36.95. The firm has a market capitalization of $11.39 billion, a PE ratio of 17.02 and a beta of 0.34.

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.