iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Acquired by TIAA Trust National Association

TIAA Trust National Association increased its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,768,912 shares of the company’s stock after acquiring an additional 403,934 shares during the period. TIAA Trust National Association’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $365,532,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of USHY. Ameriprise Financial Inc. raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 335.1% in the second quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock valued at $23,011,000 after acquiring an additional 472,895 shares in the last quarter. Captrust Financial Advisors raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 22.9% during 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 during the last quarter. Bessemer Group Inc. raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 23,046.5% during 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 during the last quarter. Hillsdale Investment Management Inc. raised its holdings 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 valued at $496,000 after acquiring an additional 1,840 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 9.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 25,917 shares of the company’s stock worth $979,000 after buying an additional 2,231 shares during the last quarter.

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

USHY stock opened at $36.81 on Tuesday. The business has a fifty day simple moving average of $37.00 and a 200-day simple moving average of $37.23. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $36.39 and a 52 week high of $37.87. The company has a market cap of $23.16 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.