TIAA Trust National Association Raises Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

TIAA Trust National Association grew its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 4.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,768,912 shares of the company’s stock after purchasing an additional 403,934 shares during the period. TIAA Trust National Association owned approximately 1.55% of iShares Broad USD High Yield Corporate Bond ETF worth $365,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Elyxium Wealth LLC purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $36,000. Creative Financial Designs Inc. ADV grew its position in iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock worth $53,000 after acquiring an additional 1,410 shares during the period. Olistico Wealth LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth approximately $72,000. BOKF NA grew its position in iShares Broad USD High Yield Corporate Bond ETF by 64.7% in the third quarter. BOKF NA now owns 3,039 shares of the company’s stock worth $115,000 after acquiring an additional 1,194 shares during the period. Finally, Flagship Harbor Advisors LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth approximately $140,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $36.81 on Tuesday. The stock has a 50 day moving average of $37.00 and a 200 day moving average of $37.23. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $36.39 and a fifty-two week high of $37.87. The firm has a market capitalization of $23.16 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41.

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.