Fisher Asset Management LLC Sells 34,319 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Fisher Asset Management LLC trimmed its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 249,563 shares of the company’s stock after selling 34,319 shares during the period. Fisher Asset Management LLC owned 0.08% of iShares Broad USD High Yield Corporate Bond ETF worth $9,181,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in USHY. First Financial Corp IN acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at $44,000. Transcendent Capital Group LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $49,000. Wilmington Savings Fund Society FSB bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at $74,000. BankPlus Trust Department bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at about $91,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 149.6% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,551 shares of the company’s stock valued at $94,000 after acquiring an additional 1,529 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 1.0 %

BATS USHY opened at $37.13 on Wednesday. The company has a fifty day simple moving average of $37.09 and a 200 day simple moving average of $37.20. The firm has a market capitalization of $18.58 billion, a P/E ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.2103 dividend. The ex-dividend date is Monday, March 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.