iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Stock Holdings Increased by Cary Street Partners Asset Management LLC

Cary Street Partners Asset Management LLC raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 1,222.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,053 shares of the company’s stock after acquiring an additional 7,444 shares during the period. Cary Street Partners Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $284,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. TD Capital Management LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter valued at $43,000. BNP Paribas Arbitrage SA acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter valued at $53,000. Cullen Frost Bankers Inc. acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter valued at $60,000. Sunbelt Securities Inc. acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter valued at $66,000. Finally, Hexagon Capital Partners LLC increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 16.8% during the 2nd quarter. Hexagon Capital Partners LLC now owns 2,421 shares of the company’s stock valued at $85,000 after purchasing an additional 348 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 0.2 %

Shares of USHY stock traded up $0.07 during mid-day trading on Friday, hitting $35.20. 5,270,091 shares of the stock traded hands. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 59.99 and a beta of 0.44. The stock’s fifty day simple moving average is $34.58 and its 200-day simple moving average is $34.92.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 6th. Stockholders of record on Tuesday, October 3rd were paid a $0.1981 dividend. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Monday, October 2nd.

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.