Wilmington Savings Fund Society FSB Buys 1,261 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Wilmington Savings Fund Society FSB raised its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 64.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,220 shares of the company’s stock after purchasing an additional 1,261 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $118,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. L & S Advisors Inc boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 2.6% in the 3rd quarter. L & S Advisors Inc now owns 13,234 shares of the company’s stock valued at $498,000 after purchasing an additional 332 shares during the period. Diversified Portfolios Inc. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 4.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 7,795 shares of the company’s stock valued at $293,000 after purchasing an additional 334 shares during the period. ORG Partners LLC boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 19.4% in the 4th quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock valued at $96,000 after purchasing an additional 423 shares during the period. Fortitude Family Office LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at $27,000. Finally, Covestor Ltd boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 10.7% in the 3rd quarter. Covestor Ltd now owns 8,247 shares of the company’s stock valued at $311,000 after purchasing an additional 800 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 1.2 %

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.22 on Friday. The company has a market cap of $11.40 billion, a P/E ratio of 17.02 and a beta of 0.34. The firm has a fifty day moving average of $37.05 and a two-hundred day moving average of $37.14.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2143 per share. This is a positive change 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.