Wintrust Investments LLC Takes Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Wintrust Investments LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 4th quarter, HoldingsChannel reports. The fund bought 1,840 shares of the company’s stock, valued at approximately $67,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. L & S Advisors Inc boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.6% in the third quarter. L & S Advisors Inc now owns 13,234 shares of the company’s stock valued at $498,000 after acquiring an additional 332 shares in the last quarter. Diversified Portfolios Inc. lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.5% in the third quarter. Diversified Portfolios Inc. now owns 7,795 shares of the company’s stock valued at $293,000 after purchasing an additional 334 shares during the period. ORG Partners LLC lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 19.4% in the fourth quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock valued at $96,000 after purchasing an additional 423 shares during the period. Continuum Advisory LLC lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 11.4% in the third quarter. Continuum Advisory LLC now owns 8,401 shares of the company’s stock valued at $312,000 after purchasing an additional 863 shares during the period. Finally, Davidson Trust Co. lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 12.9% in the fourth quarter. Davidson Trust Co. now owns 8,975 shares of the company’s stock valued at $330,000 after purchasing an additional 1,025 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.3 %

Shares of BATS USHY opened at $36.64 on Friday. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $35.55 and a 52 week high of $37.72. The firm has a 50-day moving average price of $37.13 and a 200 day moving average price of $37.20. The stock has a market capitalization of $18.33 billion, a price-to-earnings ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2103 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.