iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Sold by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC cut its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 60.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,000 shares of the company’s stock after selling 24,012 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $589,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. ORG Partners LLC boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 19.4% during the fourth quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock worth $96,000 after acquiring an additional 423 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth about $805,000. American Trust raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 35.2% during the third quarter. American Trust now owns 246,199 shares of the company’s stock worth $9,269,000 after purchasing an additional 64,045 shares during the period. Arkadios Wealth Advisors raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 15.8% during the fourth quarter. Arkadios Wealth Advisors now owns 22,138 shares of the company’s stock worth $814,000 after purchasing an additional 3,028 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 833.5% during the third quarter. Sunbelt Securities Inc. now owns 33,233 shares of the company’s stock worth $1,251,000 after purchasing an additional 29,673 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.9 %

Shares of USHY stock opened at $37.08 on Monday. The stock’s 50 day moving average price is $37.12 and its 200-day moving average price is $37.20. The stock has a market capitalization of $18.55 billion, a P/E ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2103 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.