Polianta Ltd Purchases Shares of 4,877,000 iShares Broad USD High Yield Corporate Bond ETF $USHY

Polianta Ltd acquired a new position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,877,000 shares of the company’s stock, valued at approximately $182,375,000. iShares Broad USD High Yield Corporate Bond ETF makes up 23.9% of Polianta Ltd’s holdings, making the stock its 2nd largest holding.

Several other institutional investors have also modified their holdings of USHY. First Command Advisory Services Inc. boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 16.9% during the third quarter. First Command Advisory Services Inc. now owns 582,514 shares of the company’s stock valued at $22,007,000 after buying an additional 84,002 shares in the last quarter. Allstate Corp grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 2.3% during the third quarter. Allstate Corp now owns 1,302,783 shares of the company’s stock worth $49,219,000 after acquiring an additional 28,783 shares during the period. Baird Financial Group Inc. raised its position in iShares Broad USD High Yield Corporate Bond ETF by 206.7% in the second quarter. Baird Financial Group Inc. now owns 835,552 shares of the company’s stock worth $31,342,000 after acquiring an additional 563,125 shares in the last quarter. Ninety One UK Ltd lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 207.8% in the 3rd quarter. Ninety One UK Ltd now owns 464,171 shares of the company’s stock valued at $17,536,000 after acquiring an additional 313,360 shares during the last quarter. Finally, Q3 Asset Management acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at about $2,382,000.

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

BATS:USHY opened at $36.48 on Tuesday. The company has a 50-day moving average of $37.23 and a 200-day moving average of $37.41. The firm has a market cap of $22.95 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a twelve month low of $34.90 and a twelve month high of $37.87.

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.