Manning & Napier Advisors LLC Has $17.73 Million Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Manning & Napier Advisors LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 32.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 481,267 shares of the company’s stock after purchasing an additional 117,101 shares during the period. Manning & Napier Advisors LLC owned approximately 0.08% of iShares Broad USD High Yield Corporate Bond ETF worth $17,730,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of USHY. IFC & Insurance Marketing Inc. bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth $27,000. Brown Brothers Harriman & Co. grew its position in iShares Broad USD High Yield Corporate Bond ETF by 43.1% in the fourth 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 last quarter. Elyxium Wealth LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at about $36,000. Creative Financial Designs Inc. ADV raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% during the fourth 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. Finally, Olistico Wealth LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth about $72,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.1%

Shares of USHY stock traded down $0.03 on Friday, reaching $36.87. The company had a trading volume of 4,960,264 shares, compared to its average volume of 14,315,000. The business’s 50-day moving average is $36.96 and its 200 day moving average is $37.15. iShares Broad USD High Yield Corporate Bond ETF has a one year low of $36.39 and a one year high of $37.87. The stock has a market capitalization of $23.20 billion, a PE ratio of 10.79 and a beta of 0.41.

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.