BNP Paribas Financial Markets Decreases Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

BNP Paribas Financial Markets trimmed its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 16.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 554,247 shares of the company’s stock after selling 105,227 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $20,726,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of USHY. Ameriprise Financial Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 335.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock worth $23,011,000 after purchasing an additional 472,895 shares in the last quarter. Captrust Financial Advisors lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 22.9% in the 2nd quarter. Captrust Financial Advisors now owns 12,133 shares of the company’s stock worth $455,000 after purchasing an additional 2,258 shares in the last quarter. Bessemer Group Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 23,046.5% in the 3rd quarter. Bessemer Group Inc. now owns 36,803 shares of the company’s stock worth $1,390,000 after purchasing an additional 36,644 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 1.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,002,331 shares of the company’s stock worth $37,868,000 after purchasing an additional 11,993 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 16.3% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 13,120 shares of the company’s stock worth $496,000 after purchasing an additional 1,840 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

USHY opened at $36.78 on Friday. The company’s 50 day simple moving average is $37.00 and its two-hundred day simple moving average is $37.23. iShares Broad USD High Yield Corporate Bond ETF has a 1-year low of $36.39 and a 1-year high of $37.87. The firm has a market capitalization of $23.14 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41.

About iShares Broad USD High Yield Corporate Bond ETF

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.