Vicus Capital Has $3.10 Million Holdings in iShares Broad USD High Yield Corporate Bond ETF $USHY

Vicus Capital grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 6.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,539 shares of the company’s stock after acquiring an additional 4,690 shares during the period. Vicus Capital’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $3,096,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of USHY. GAMMA Investing LLC lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 3,580.9% during the first quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock worth $127,000 after acquiring an additional 3,366 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 407.5% in the first quarter. Farther Finance Advisors LLC now owns 9,318 shares of the company’s stock valued at $342,000 after buying an additional 7,482 shares in the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 64.3% in the first quarter. GPS Wealth Strategies Group LLC now owns 4,191 shares of the company’s stock valued at $154,000 after buying an additional 1,640 shares in the last quarter. Rebalance LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 3.0% in the first quarter. Rebalance LLC now owns 1,698,829 shares of the company’s stock valued at $62,534,000 after buying an additional 48,792 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 91.6% in the first quarter. Janney Montgomery Scott LLC now owns 41,933 shares of the company’s stock valued at $1,544,000 after buying an additional 20,047 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 2.4%

BATS USHY opened at $37.64 on Thursday. 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 50 day moving average of $37.54 and a 200-day moving average of $37.05. The company has a market cap of $23.68 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41.

iShares Broad USD High Yield Corporate Bond ETF Company 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.