iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Purchased by Davidson Trust Co.

Davidson Trust Co. raised its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 12.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 8,975 shares of the company’s stock after purchasing an additional 1,025 shares during the quarter. Davidson Trust Co.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $330,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Winch Advisory Services LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 11.5% in the third quarter. Winch Advisory Services LLC now owns 24,804 shares of the company’s stock valued at $934,000 after acquiring an additional 2,550 shares in the last quarter. Vicus Capital raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 13.6% in the 3rd quarter. Vicus Capital now owns 67,064 shares of the company’s stock valued at $2,525,000 after purchasing an additional 8,006 shares in the last quarter. Eastern Bank purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth $123,000. Rebalance LLC grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.6% during the third quarter. Rebalance LLC now owns 1,607,103 shares of the company’s stock worth $60,507,000 after purchasing an additional 41,041 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 30.4% in the third quarter. Grey Fox Wealth Advisors LLC now owns 143,820 shares of the company’s stock valued at $5,415,000 after buying an additional 33,509 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.27 on Tuesday. The firm has a market capitalization of $11.41 billion, a PE ratio of 17.02 and a beta of 0.34. The company has a fifty day simple moving average of $37.05 and a two-hundred day simple moving average of $37.15.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2143 per share. 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.

iShares Broad USD High Yield Corporate Bond ETF Company 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.