Polianta Ltd Buys New Stake in iShares Broad USD High Yield Corporate Bond ETF $USHY

Polianta Ltd bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,877,000 shares of the company’s stock, valued at approximately $182,375,000. iShares Broad USD High Yield Corporate Bond ETF makes up 23.9% of Polianta Ltd’s portfolio, making the stock its 2nd largest position. Polianta Ltd owned approximately 0.78% of iShares Broad USD High Yield Corporate Bond ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 16.9% during the third quarter. First Command Advisory Services Inc. now owns 582,514 shares of the company’s stock valued at $22,007,000 after purchasing an additional 84,002 shares in the last quarter. Allstate Corp lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 2.3% in the third quarter. Allstate Corp now owns 1,302,783 shares of the company’s stock worth $49,219,000 after purchasing an additional 28,783 shares during the period. Baird Financial Group Inc. grew its position in iShares Broad USD High Yield Corporate Bond ETF by 206.7% in the 2nd quarter. Baird Financial Group Inc. now owns 835,552 shares of the company’s stock valued at $31,342,000 after buying an additional 563,125 shares in the last quarter. Ninety One UK Ltd grew its position in iShares Broad USD High Yield Corporate Bond ETF by 207.8% in the 3rd quarter. Ninety One UK Ltd now owns 464,171 shares of the company’s stock valued at $17,536,000 after buying an additional 313,360 shares in the last quarter. Finally, Q3 Asset Management acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at about $2,382,000.

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

USHY stock opened at $36.48 on Tuesday. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $34.90 and a 52 week high of $37.87. The company has a market capitalization of $22.95 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The firm’s 50-day moving average is $37.23 and its two-hundred day moving average is $37.41.

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.