Manning & Napier Advisors LLC Sells 742,231 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

by · The Markets Daily

Manning & Napier Advisors LLC decreased its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) by 74.0% during the third quarter, Holdings Channel reports. The institutional investor owned 260,794 shares of the company’s stock after selling 742,231 shares during the period. Manning & Napier Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $9,858,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 208.8% in the second quarter. JPMorgan Chase & Co. now owns 25,278,570 shares of the company’s stock worth $948,199,000 after purchasing an additional 17,091,459 shares during the last quarter. TIAA Trust National Association boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 112.2% in the second quarter. TIAA Trust National Association now owns 8,868,136 shares of the company’s stock valued at $331,994,000 after purchasing an additional 4,689,028 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 4,385.2% in the second quarter. Venturi Wealth Management LLC now owns 1,349,330 shares of the company’s stock valued at $50,613,000 after purchasing an additional 1,319,246 shares during the period. BTS Asset Management Inc. grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 274.6% in the second quarter. BTS Asset Management Inc. now owns 805,427 shares of the company’s stock worth $30,212,000 after purchasing an additional 590,423 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter worth $21,464,000.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 2.2%

USHY opened at $37.59 on Wednesday. The company has a market capitalization of $23.65 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a 12-month low of $34.90 and a 12-month high of $37.72. The business’s fifty day simple moving average is $37.41 and its 200-day simple moving average is $37.46.

iShares Broad USD High Yield Corporate Bond ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding USHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report).