iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Position Reduced by First Horizon Advisors Inc.

First Horizon Advisors Inc. lowered its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 39.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,411 shares of the company’s stock after selling 1,576 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $91,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of USHY. Family Firm Inc. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the second quarter valued at about $27,000. Fortitude Family Office LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 71.7% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 812 shares of the company’s stock valued at $29,000 after acquiring an additional 339 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 79.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock valued at $35,000 after acquiring an additional 425 shares in the last quarter. Finally, Pinnacle Bancorp Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 429.1% during 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.

iShares Broad USD High Yield Corporate Bond ETF Trading Down 0.1 %

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.23 on Friday. The firm has a market capitalization of $11.40 billion, a P/E ratio of 17.02 and a beta of 0.34. The stock has a 50 day simple moving average of $37.31 and a two-hundred day simple moving average of $36.84.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.2069 per share. The ex-dividend date was Tuesday, September 3rd.

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.