Family Firm Inc. Purchases Shares of 731 iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Family Firm Inc. purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 731 shares of the company’s stock, valued at approximately $27,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its stake 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. increased its stake 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. Janney Montgomery Scott LLC increased its stake 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. Natixis Advisors L.P. increased its stake 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. Finally, Hexagon Capital Partners LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 91.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 12,672 shares of the company’s stock worth $461,000 after purchasing an additional 6,056 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.5 %

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.28 on Friday. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The business’s fifty day moving average price is $36.60 and its 200-day moving average price is $36.35.

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 paid a dividend of $0.2078 per share. The ex-dividend date was Monday, July 1st. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20.

iShares Broad USD High Yield Corporate Bond ETF 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.