FDx Advisors Inc. Buys New Shares in iShares Broad USD High Yield Corporate Bond ETF $USHY

FDx Advisors Inc. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 45,922 shares of the company’s stock, valued at approximately $1,640,000. iShares Broad USD High Yield Corporate Bond ETF makes up 1.2% of FDx Advisors Inc.’s portfolio, making the stock its 24th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the company. First Command Advisory Services Inc. increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 17.4% during the third quarter. First Command Advisory Services Inc. now owns 1,092,063 shares of the company’s stock worth $39,008,000 after purchasing an additional 161,895 shares in the last quarter. Covestor Ltd lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 4.4% in the 3rd quarter. Covestor Ltd now owns 15,066 shares of the company’s stock valued at $538,000 after purchasing an additional 640 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 6.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 9,594 shares of the company’s stock worth $343,000 after purchasing an additional 548 shares during the last quarter. Rebalance LLC boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 3.4% during the 3rd quarter. Rebalance LLC now owns 1,971,661 shares of the company’s stock worth $70,428,000 after purchasing an additional 64,097 shares during the last quarter. Finally, Wavvest Wealth LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth $1,255,000.

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

iShares Broad USD High Yield Corporate Bond ETF stock opened at $35.70 on Thursday. iShares Broad USD High Yield Corporate Bond ETF has a 52-week low of $35.30 and a 52-week high of $37.69. The firm has a market capitalization of $26.96 billion, a price-to-earnings ratio of 10.79 and a beta of 0.42. The company has a fifty day simple moving average of $35.90 and a 200-day simple moving average of $36.73.

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.