Jones Financial Companies Lllp Purchases 39,467,713 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Jones Financial Companies Lllp grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 177.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,767,288 shares of the company’s stock after purchasing an additional 39,467,713 shares during the period. iShares Broad USD High Yield Corporate Bond ETF makes up 1.6% of Jones Financial Companies Lllp’s portfolio, making the stock its 14th biggest holding. Jones Financial Companies Lllp owned about 0.10% of iShares Broad USD High Yield Corporate Bond ETF worth $2,330,480,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC grew its position in iShares Broad USD High Yield Corporate Bond ETF by 15.6% during the third quarter. GPS Wealth Strategies Group LLC now owns 7,286 shares of the company’s stock worth $275,000 after buying an additional 983 shares in the last quarter. Valeo Financial Advisors LLC boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 5.5% during the 3rd quarter. Valeo Financial Advisors LLC now owns 36,696 shares of the company’s stock valued at $1,386,000 after acquiring an additional 1,905 shares during the last quarter. First Command Advisory Services Inc. boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 16.9% during the 3rd quarter. First Command Advisory Services Inc. now owns 582,514 shares of the company’s stock valued at $22,007,000 after acquiring an additional 84,002 shares during the last quarter. Richardson Capital Management LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth about $32,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth approximately $35,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of USHY opened at $37.65 on Monday. iShares Broad USD High Yield Corporate Bond ETF has a 1-year low of $34.90 and a 1-year high of $37.72. The company has a market capitalization of $23.68 billion, a P/E ratio of 10.79 and a beta of 0.41. The firm’s 50 day simple moving average is $37.50 and its 200 day simple moving average is $37.49.

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.