One Capital Management LLC Has $87.58 Million Stake in iShares Broad USD High Yield Corporate Bond ETF $USHY

One Capital Management LLC raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,341,985 shares of the company’s stock after purchasing an additional 234,803 shares during the period. iShares Broad USD High Yield Corporate Bond ETF accounts for approximately 2.6% of One Capital Management LLC’s holdings, making the stock its 6th biggest position. One Capital Management LLC owned 0.37% of iShares Broad USD High Yield Corporate Bond ETF worth $87,579,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in USHY. Elyxium Wealth LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at about $36,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 9,400.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,425 shares of the company’s stock valued at $53,000 after purchasing an additional 1,410 shares during the last quarter. Olistico Wealth LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at about $72,000. BOKF NA boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 64.7% during the 3rd quarter. BOKF NA now owns 3,039 shares of the company’s stock valued at $115,000 after purchasing an additional 1,194 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at about $140,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.6%

USHY opened at $36.94 on Tuesday. The firm has a 50-day simple moving average of $36.98 and a two-hundred day simple moving average of $37.25. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $36.39 and a 52 week high of $37.87. The company has a market capitalization of $23.24 billion, a PE ratio of 10.79 and a beta of 0.41.

About iShares Broad USD High Yield Corporate Bond ETF

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.