BankPlus Trust Department Purchases Shares of 2,461 iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

BankPlus Trust Department acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the fourth quarter, HoldingsChannel reports. The firm acquired 2,461 shares of the company’s stock, valued at approximately $91,000.

Other institutional investors have also modified their holdings of the company. Fortitude Family Office LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth approximately $27,000. First Financial Corp IN acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth approximately $44,000. Transcendent Capital Group LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth approximately $49,000. Wilmington Savings Fund Society FSB acquired a new position in iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth approximately $74,000. Finally, GPS Wealth Strategies Group LLC increased its position in iShares Broad USD High Yield Corporate Bond ETF by 149.6% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,551 shares of the company’s stock worth $94,000 after purchasing an additional 1,529 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 1.4 %

Shares of USHY stock opened at $37.27 on Tuesday. The stock’s 50 day moving average is $37.04 and its 200 day moving average is $37.18. The firm has a market capitalization 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 Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2143 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.21.

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.