iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Bought by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 39.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 364,166 shares of the company’s stock after buying an additional 103,372 shares during the quarter. Manning & Napier Advisors LLC owned approximately 0.06% of iShares Broad USD High Yield Corporate Bond ETF worth $13,631,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 335.1% during the second quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock worth $23,011,000 after acquiring an additional 472,895 shares during the last quarter. Captrust Financial Advisors raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 22.9% in the 2nd quarter. Captrust Financial Advisors now owns 12,133 shares of the company’s stock valued at $455,000 after acquiring an additional 2,258 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 15.2% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 10,216 shares of the company’s stock valued at $386,000 after acquiring an additional 1,350 shares during the last quarter. TD Private Client Wealth LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth $60,000. Finally, Q3 Asset Management acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth $2,382,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.2%

USHY stock opened at $37.07 on Friday. The stock has a market capitalization of $23.32 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 52-week low of $36.39 and a 52-week high of $37.87. The stock’s fifty day simple moving average is $37.01 and its 200-day simple moving average is $37.31.

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.