Fifth Third Securities Inc. Raises Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Fifth Third Securities Inc. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 96.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 152,974 shares of the company’s stock after buying an additional 75,137 shares during the period. Fifth Third Securities Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $5,550,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USHY. EverSource Wealth Advisors LLC lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 574.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the company’s stock worth $55,000 after purchasing an additional 1,298 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,149.8% during the 4th quarter. Cullen Frost Bankers Inc. now owns 21,059 shares of the company’s stock worth $766,000 after purchasing an additional 19,374 shares during the last quarter. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth $1,000,000. Janney Montgomery Scott LLC lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 10.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 43,926 shares of the company’s stock worth $1,597,000 after purchasing an additional 4,191 shares during the last quarter. Finally, Natixis Advisors L.P. lifted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 147.3% during the 4th quarter. Natixis Advisors L.P. now owns 50,028 shares of the company’s stock worth $1,818,000 after purchasing an additional 29,800 shares during the last quarter.

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

Shares of iShares Broad USD High Yield Corporate Bond ETF stock traded up $0.04 during trading on Monday, hitting $36.64. 3,903,129 shares of the stock were exchanged. The company has a market cap of $11.22 billion, a PE ratio of 17.02 and a beta of 0.34. The business’s 50-day simple moving average is $36.46 and its 200-day simple moving average is $36.31.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were given a dividend of $0.2078 per share. This is a boost from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, July 1st.

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.