Venturi Wealth Management LLC Sells 1,322,398 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Venturi Wealth Management LLC decreased its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 98.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,932 shares of the company’s stock after selling 1,322,398 shares during the quarter. Venturi Wealth Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $1,017,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 208.8% during the second quarter. JPMorgan Chase & Co. now owns 25,278,570 shares of the company’s stock valued at $948,199,000 after purchasing an additional 17,091,459 shares in the last quarter. TIAA Trust National Association boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 112.2% during the 2nd quarter. TIAA Trust National Association now owns 8,868,136 shares of the company’s stock worth $331,994,000 after buying an additional 4,689,028 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 18.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,185,643 shares of the company’s stock worth $81,983,000 after acquiring an additional 344,651 shares during the last quarter. Rebalance LLC increased its position in iShares Broad USD High Yield Corporate Bond ETF by 4.4% in the 3rd quarter. Rebalance LLC now owns 1,786,170 shares of the company’s stock valued at $67,481,000 after acquiring an additional 74,906 shares during the period. Finally, Baird Financial Group Inc. increased its position in iShares Broad USD High Yield Corporate Bond ETF by 206.7% in the 2nd quarter. Baird Financial Group Inc. now owns 835,552 shares of the company’s stock valued at $31,342,000 after acquiring an additional 563,125 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:USHY opened at $37.55 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $34.90 and a 52 week high of $37.72. The firm has a market cap of $23.62 billion, a PE ratio of 10.79 and a beta of 0.41. The firm’s fifty day moving average is $37.40 and its 200-day moving average is $37.46.

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.