Prime Capital Investment Advisors LLC Decreases Position in iShares Broad USD High Yield Corporate Bond ETF $USHY

Prime Capital Investment Advisors LLC lowered its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 5.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 990,338 shares of the company’s stock after selling 53,226 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $37,148,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. AdvisorNet Financial Inc grew its position in iShares Broad USD High Yield Corporate Bond ETF by 20.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,868 shares of the company’s stock worth $108,000 after purchasing an additional 480 shares during the period. Golden State Wealth Management LLC boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 152.7% during the 1st quarter. Golden State Wealth Management LLC now owns 920 shares of the company’s stock valued at $34,000 after acquiring an additional 556 shares during the last quarter. Olistico Wealth LLC increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 43.9% during the 1st quarter. Olistico Wealth LLC now owns 1,963 shares of the company’s stock worth $72,000 after buying an additional 599 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 7.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 9,983 shares of the company’s stock valued at $374,000 after buying an additional 665 shares during the period. Finally, Diversified Portfolios Inc. grew its position in iShares Broad USD High Yield Corporate Bond ETF by 10.7% in the 1st quarter. Diversified Portfolios Inc. now owns 6,997 shares of the company’s stock valued at $258,000 after acquiring an additional 676 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 2.3%

Shares of USHY opened at $37.60 on Monday. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $34.90 and a fifty-two week high of $37.72. The company has a market cap of $23.65 billion, a P/E ratio of 10.79 and a beta of 0.41. The firm’s 50 day moving average price is $37.54 and its 200 day moving average price is $37.06.

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.