iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Sold by Diversified Portfolios Inc.

Diversified Portfolios Inc. decreased its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 18.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,321 shares of the company’s stock after selling 1,474 shares during the period. Diversified Portfolios Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $233,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in USHY. Winch Advisory Services LLC raised its position in iShares Broad USD High Yield Corporate Bond ETF by 11.5% in the third quarter. Winch Advisory Services LLC now owns 24,804 shares of the company’s stock worth $934,000 after acquiring an additional 2,550 shares in the last quarter. Vicus Capital raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 13.6% in the 3rd quarter. Vicus Capital now owns 67,064 shares of the company’s stock worth $2,525,000 after purchasing an additional 8,006 shares in the last quarter. Eastern Bank bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth approximately $123,000. Rebalance LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 2.6% during the third quarter. Rebalance LLC now owns 1,607,103 shares of the company’s stock valued at $60,507,000 after purchasing an additional 41,041 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 30.4% during the third quarter. Grey Fox Wealth Advisors LLC now owns 143,820 shares of the company’s stock worth $5,415,000 after buying an additional 33,509 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.13 on Wednesday. The firm has a market capitalization of $11.37 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The business has a 50-day simple moving average of $37.06 and a 200 day simple moving average of $37.14.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2143 dividend. This is a boost from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.21. The ex-dividend date was Monday, February 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.