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

FDx Advisors Inc. acquired a new position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 45,922 shares of the company’s stock, valued at approximately $1,640,000.

Other hedge funds also recently modified their holdings of the company. Financial Management Professionals Inc. increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 764,789.1% during the second quarter. Financial Management Professionals Inc. now owns 703,698 shares of the company’s stock valued at $26,051,000 after purchasing an additional 703,606 shares during the period. First Command Advisory Services Inc. lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 17.4% in 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 during the period. Rebalance LLC lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 3.4% in the third 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 period. Atomic Invest LLC lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 338.1% in the second quarter. Atomic Invest LLC now owns 63,925 shares of the company’s stock worth $2,368,000 after purchasing an additional 49,333 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 14.7% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 382,142 shares of the company’s stock worth $13,650,000 after buying an additional 48,900 shares in the last quarter.

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

iShares Broad USD High Yield Corporate Bond ETF stock traded down $0.04 on Friday, hitting $35.52. The company’s stock had a trading volume of 11,545,333 shares, compared to its average volume of 14,136,712. The firm has a market cap of $26.82 billion, a P/E ratio of 10.79 and a beta of 0.42. The company has a fifty day moving average price of $35.86 and a 200-day moving average price of $36.71. iShares Broad USD High Yield Corporate Bond ETF has a one year low of $35.30 and a one year high of $37.69.

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.