Rebalance LLC Has $67.48 Million Position in iShares Broad USD High Yield Corporate Bond ETF $USHY

Rebalance LLC boosted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 4.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,786,170 shares of the company’s stock after buying an additional 74,906 shares during the period. iShares Broad USD High Yield Corporate Bond ETF makes up 4.1% of Rebalance LLC’s portfolio, making the stock its 8th largest holding. Rebalance LLC owned 0.28% of iShares Broad USD High Yield Corporate Bond ETF worth $67,481,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. AdvisorNet Financial Inc boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 20.1% during the second quarter. AdvisorNet Financial Inc now owns 2,868 shares of the company’s stock worth $108,000 after acquiring an additional 480 shares during the period. Farther Finance Advisors LLC lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 7.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 9,983 shares of the company’s stock worth $374,000 after purchasing an additional 665 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter valued at $28,000. Trust Co. of Toledo NA OH acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter valued at $41,000. Finally, Euro Pacific Asset Management LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 9.0% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 16,210 shares of the company’s stock valued at $608,000 after buying an additional 1,335 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

USHY opened at $37.40 on Friday. 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 capitalization of $23.53 billion, a P/E ratio of 10.79 and a beta of 0.41. The stock has a fifty day moving average of $37.44 and a 200-day moving average of $37.43.

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.