Transcendent Capital Group LLC Trims Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Transcendent Capital Group LLC decreased its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 38.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 790 shares of the company’s stock after selling 502 shares during the period. Transcendent Capital Group LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $29,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ORG Partners LLC grew its stake 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 valued at $96,000 after acquiring an additional 423 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at approximately $805,000. American Trust grew 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 valued at $9,269,000 after acquiring an additional 64,045 shares in the last quarter. Arkadios Wealth Advisors grew 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 valued at $814,000 after acquiring an additional 3,028 shares in the last quarter. Finally, Sunbelt Securities Inc. grew 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 valued at $1,251,000 after acquiring an additional 29,673 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 1.6 %

USHY stock opened at $37.37 on Wednesday. The stock has a market cap of $18.70 billion, a PE ratio of 16.47 and a beta of 0.46. The business has a 50 day moving average of $37.05 and a 200 day moving average of $37.19.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.2143 dividend. The ex-dividend date 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.