iShares Broad USD High Yield Corporate Bond ETF $USHY Stake Lifted by First Command Advisory Services Inc.

First Command Advisory Services Inc. increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 17.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,092,063 shares of the company’s stock after purchasing an additional 161,895 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF makes up about 0.2% of First Command Advisory Services Inc.’s investment portfolio, making the stock its 27th biggest holding. First Command Advisory Services Inc. owned 0.17% of iShares Broad USD High Yield Corporate Bond ETF worth $39,008,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Flagship Wealth Advisors LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 1st quarter valued at $25,000. Strive Financial Group LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter worth about $49,000. Continuum Advisory LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter worth about $79,000. Essential Partners LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 549.5% during the 1st quarter. Essential Partners LLC now owns 4,254 shares of the company’s stock worth $157,000 after buying an additional 3,599 shares during the last quarter. Finally, IMA Advisory Services Inc. bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 1st quarter valued at about $176,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $35.70 on Thursday. The business has a 50-day moving average of $35.90 and a 200-day moving average of $36.73. The stock has a market capitalization of $26.96 billion, a price-to-earnings ratio of 10.79 and a beta of 0.42. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $35.30 and a fifty-two week high of $37.69.

iShares Broad USD High Yield Corporate Bond ETF Company 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.