Fisher Asset Management LLC Reduces Position in iShares Broad USD High Yield Corporate Bond ETF $USHY

Fisher Asset Management LLC cut its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 11.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 171,477 shares of the company’s stock after selling 21,761 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $6,412,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in USHY. Cullen Frost Bankers Inc. purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth about $35,000. Elyxium Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth about $36,000. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock worth $53,000 after purchasing an additional 1,410 shares during the period. Olistico Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth about $72,000. Finally, BOKF NA boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 64.7% during the 3rd quarter. BOKF NA now owns 3,039 shares of the company’s stock worth $115,000 after purchasing an additional 1,194 shares during the period.

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

USHY stock opened at $37.11 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a 12 month low of $36.39 and a 12 month high of $37.87. The company has a 50-day moving average price of $36.97 and a 200 day moving average price of $37.25. The stock has a market cap of $23.35 billion, a PE ratio of 10.79 and a beta of 0.41.

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.