1,292 Shares in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Purchased by Transcendent Capital Group LLC

Transcendent Capital Group LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the third quarter, Holdings Channel reports. The firm acquired 1,292 shares of the company’s stock, valued at approximately $49,000.

A number of other institutional investors have also modified their holdings of the stock. Covestor Ltd lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 10.7% in the third quarter. Covestor Ltd now owns 8,247 shares of the company’s stock worth $311,000 after acquiring an additional 800 shares during the period. United Advisor Group LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at about $231,000. Moloney Securities Asset Management LLC bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at about $266,000. Strategic Blueprint LLC lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 100.7% in the 3rd quarter. Strategic Blueprint LLC now owns 14,023 shares of the company’s stock worth $528,000 after purchasing an additional 7,037 shares during the period. Finally, Fortitude Family Office LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the third quarter valued at approximately $27,000.

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

Shares of USHY stock opened at $37.39 on Monday. The stock has a market capitalization of $11.45 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The company’s 50-day simple moving average is $37.30 and its 200 day simple moving average is $36.77.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2069 dividend. The ex-dividend date was Tuesday, September 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.