iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lessened its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 5.2% in the second quarter, HoldingsChannel.com reports. The firm owned 8,866 shares of the company’s stock after selling 486 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 109.4% in the first quarter. JPMorgan Chase & Co. now owns 8,187,111 shares of the company’s stock worth $301,368,000 after purchasing an additional 4,277,291 shares during the period. Bank of New York Mellon Corp boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 5.9% in the first quarter. Bank of New York Mellon Corp now owns 1,840,992 shares of the company’s stock worth $67,767,000 after purchasing an additional 102,114 shares during the period. Rebalance LLC boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 0.7% in the second quarter. Rebalance LLC now owns 1,711,264 shares of the company’s stock worth $64,190,000 after purchasing an additional 12,435 shares during the period. Partners Capital Investment Group LLP boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 44.5% in the first quarter. Partners Capital Investment Group LLP now owns 1,228,973 shares of the company’s stock worth $45,239,000 after purchasing an additional 378,198 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the first quarter valued at $29,203,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of USHY opened at $37.18 on Friday. 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 cap of $23.39 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The firm has a fifty day moving average of $37.55 and a 200-day moving average of $37.07.

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.