Strive Asset Management LLC cut its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) by 95.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,669 shares of the company’s stock after selling 84,834 shares during the period. Strive Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $139,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 177.0% in the third quarter. Jones Financial Companies Lllp now owns 61,767,288 shares of the company’s stock valued at $2,330,480,000 after purchasing an additional 39,467,713 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 208.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 25,278,570 shares of the company’s stock worth $948,199,000 after acquiring an additional 17,091,459 shares in the last quarter. Baird Financial Group Inc. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 206.7% during the second quarter. Baird Financial Group Inc. now owns 835,552 shares of the company’s stock worth $31,342,000 after purchasing an additional 563,125 shares in the last quarter. TIAA Trust National Association lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 5.6% during the 3rd quarter. TIAA Trust National Association now owns 9,364,978 shares of the company’s stock worth $353,931,000 after buying an additional 496,842 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of 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 valued at $23,011,000 after buying an additional 472,895 shares in the last quarter.
iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.2%
Shares of BATS USHY opened at $37.12 on Wednesday. iShares Broad USD High Yield Corporate Bond ETF has a 52-week low of $34.90 and a 52-week high of $37.87. The business has a 50-day moving average price of $37.50 and a 200 day moving average price of $37.51. The stock has a market cap of $23.35 billion, a PE 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.
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