SHENKMAN CAPITAL MANAGEMENT INC, a registered investment adviser, initiated a new position in iShares Broad USD High Yield Corporate Bond ETF (CBOE:USHY) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 1,280,225 shares of the Financial Services company, valued at approximately $48.1B as of the filing date.
iShares Broad USD High Yield Corporate Bond ETF's stock currently trades at $37.49 with a market capitalization of $25.7B.