Grey Fox Wealth Advisors LLC Purchases 8,530 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Grey Fox Wealth Advisors LLC grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 5.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 152,350 shares of the company’s stock after purchasing an additional 8,530 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF makes up approximately 1.5% of Grey Fox Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest position. Grey Fox Wealth Advisors LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $5,605,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in USHY. First Financial Corp IN bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth $44,000. Wintrust Investments LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth about $67,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth about $74,000. BankPlus Trust Department purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th 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% during the 4th 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 during the period.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 0.8 %

BATS USHY opened at $37.05 on Thursday. 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 stock has a market cap of $19.97 billion, a price-to-earnings ratio of 10.80 and a beta of 0.47. The company’s 50 day moving average is $37.12 and its two-hundred day moving average is $37.18.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2103 per share. The ex-dividend date 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.