Partners Capital Investment Group LLP Lowers Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Partners Capital Investment Group LLP reduced its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 50.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 850,775 shares of the company’s stock after selling 865,189 shares during the period. iShares Broad USD High Yield Corporate Bond ETF comprises approximately 0.9% of Partners Capital Investment Group LLP’s holdings, making the stock its 28th biggest holding. Partners Capital Investment Group LLP’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $31,300,000 at the end of the most recent quarter.

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

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $37.27 on Monday. The company’s 50-day moving average is $37.05 and its two-hundred day moving average is $37.15. The stock has a market cap of $11.41 billion, a PE ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

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

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.