Nisa Investment Advisors LLC Sells 306,700 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Nisa Investment Advisors LLC trimmed its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 90.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,300 shares of the company’s stock after selling 306,700 shares during the quarter. Nisa Investment Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $1,225,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USHY. L & S Advisors Inc grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.6% in the third quarter. L & S Advisors Inc now owns 13,234 shares of the company’s stock worth $498,000 after purchasing an additional 332 shares during the last quarter. Diversified Portfolios Inc. grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 7,795 shares of the company’s stock valued at $293,000 after buying an additional 334 shares during the last quarter. ORG Partners LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 19.4% in the 4th quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock valued at $96,000 after buying an additional 423 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter valued at about $27,000. Finally, Covestor Ltd raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 10.7% during the third quarter. Covestor Ltd now owns 8,247 shares of the company’s stock worth $311,000 after acquiring an additional 800 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of USHY stock opened at $37.35 on Tuesday. The company has a market capitalization of $11.44 billion, a PE ratio of 17.02 and a beta of 0.34. The firm has a 50 day moving average of $37.09 and a 200 day moving average of $37.10.

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.