Icon Wealth Advisors LLC Takes Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Icon Wealth Advisors LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,022 shares of the company’s stock, valued at approximately $227,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fortitude Family Office LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $27,000. Family Firm Inc. bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the second quarter worth $27,000. Whittier Trust Co. of Nevada Inc. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 71.7% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 812 shares of the company’s stock worth $29,000 after purchasing an additional 339 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 79.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock valued at $35,000 after buying an additional 425 shares in the last quarter. Finally, Pinnacle Bancorp Inc. boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 429.1% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock valued at $47,000 after buying an additional 1,004 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.53 on Friday. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The stock has a 50-day simple moving average of $37.30 and a 200-day simple moving average of $36.88.

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.