Collaborative Fund Advisors LLC Sells 60,358 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Collaborative Fund Advisors LLC decreased its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 60.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,782 shares of the company’s stock after selling 60,358 shares during the period. Collaborative Fund Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $1,385,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Covestor Ltd grew its stake 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 buying an additional 640 shares in the last quarter. Richardson Financial Services Inc. raised its holdings 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 valued at $343,000 after acquiring an additional 548 shares during the period. Rebalance LLC raised its holdings 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 valued at $70,428,000 after acquiring an additional 64,097 shares during the period. Wavvest Wealth LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at $1,255,000. Finally, Fifth Third Securities Inc. lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 5.1% during the third quarter. Fifth Third Securities Inc. now owns 376,434 shares of the company’s stock worth $13,446,000 after acquiring an additional 18,249 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

BATS:USHY opened at $35.78 on Thursday. iShares Broad USD High Yield Corporate Bond ETF has a 1 year low of $35.30 and a 1 year high of $37.69. The stock’s fifty day moving average price is $36.01 and its two-hundred day moving average price is $36.78. The company has a market cap of $22.51 billion, a P/E 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.