First PREMIER Bank Lowers Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

First PREMIER Bank decreased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 15.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,200 shares of the company’s stock after selling 2,600 shares during the quarter. First PREMIER Bank’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $522,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sunbelt Securities Inc. raised its position in iShares Broad USD High Yield Corporate Bond ETF by 187.6% during the second quarter. Sunbelt Securities Inc. now owns 3,560 shares of the company’s stock valued at $129,000 after purchasing an additional 2,322 shares in the last quarter. American Trust increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 105.0% in the 2nd quarter. American Trust now owns 182,154 shares of the company’s stock worth $6,609,000 after purchasing an additional 93,295 shares during the period. Massmutual Trust Co. FSB ADV lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 606.5% in the third quarter. Massmutual Trust Co. FSB ADV now owns 2,381 shares of the company’s stock valued at $90,000 after purchasing an additional 2,044 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 429.1% in the third quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock worth $47,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Valeo Financial Advisors LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth approximately $1,224,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 1.2 %

Shares of USHY opened at $37.21 on Thursday. The stock has a market cap of $11.40 billion, a PE ratio of 17.02 and a beta of 0.34. The firm’s fifty day moving average price is $37.08 and its two-hundred day moving average price is $37.08.

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.