iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Purchased by Vicus Capital

Vicus Capital boosted its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 13.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,064 shares of the company’s stock after acquiring an additional 8,006 shares during the quarter. Vicus Capital’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $2,525,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. UMB Bank n.a. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 10.0% during the second quarter. UMB Bank n.a. now owns 117,638 shares of the company’s stock worth $4,268,000 after purchasing an additional 10,717 shares in the last quarter. ORG Partners LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter valued at $80,000. Pointe Capital Management LLC increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 12.0% in the 1st quarter. Pointe Capital Management LLC now owns 66,375 shares of the company’s stock valued at $2,429,000 after buying an additional 7,098 shares during the period. American Trust increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 105.0% in the 2nd quarter. American Trust now owns 182,154 shares of the company’s stock valued at $6,609,000 after buying an additional 93,295 shares during the period. Finally, First PREMIER Bank acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth $633,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

BATS USHY traded down $0.12 during trading hours on Tuesday, reaching $37.28. The company’s stock had a trading volume of 13,303,426 shares. The business’s fifty day moving average price is $37.29 and its 200-day moving average price is $36.64. The company has a market cap of $11.42 billion, a PE ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.2069 dividend. The ex-dividend date of this dividend was Tuesday, September 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.