iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Sold by DSC Meridian Capital LP

DSC Meridian Capital LP trimmed its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 27.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 576,428 shares of the company’s stock after selling 213,800 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF comprises approximately 7.9% of DSC Meridian Capital LP’s holdings, making the stock its 3rd largest holding. DSC Meridian Capital LP’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $21,207,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. First Financial Corp IN purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $44,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter valued at about $74,000. BankPlus Trust Department purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth about $91,000. GPS Wealth Strategies Group LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 149.6% during the 4th 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. Finally, ORG Partners LLC increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 19.4% during the 4th quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock worth $96,000 after buying an additional 423 shares in the last quarter.

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

USHY stock opened at $36.81 on Wednesday. The firm has a 50-day moving average of $37.12 and a two-hundred day moving average of $37.20. iShares Broad USD High Yield Corporate Bond ETF has a 12 month low of $35.55 and a 12 month high of $37.72. The company has a market cap of $18.42 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 company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2103 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.