Avior Wealth Management LLC Purchases 2,963 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Avior Wealth Management LLC boosted its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 15.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,635 shares of the company’s stock after buying an additional 2,963 shares during the period. Avior Wealth Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $796,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at about $27,000. First Financial Corp IN bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at about $44,000. Pinnacle Bancorp Inc. increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 429.1% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock worth $47,000 after purchasing an additional 1,004 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $49,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $74,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of USHY opened at $37.29 on Friday. The business’s 50 day moving average is $37.08 and its 200 day moving average is $37.09. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34.

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.