Family Firm Inc. Takes Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Family Firm Inc. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 731 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors also recently modified their holdings of the company. GPS Wealth Strategies Group LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 79.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock valued at $35,000 after purchasing an additional 425 shares during the period. EverSource Wealth Advisors LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 574.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the company’s stock valued at $55,000 after purchasing an additional 1,298 shares during the period. Olistico Wealth LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the second quarter valued at $61,000. ICA Group Wealth Management LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at $77,000. Finally, ORG Partners LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the second quarter valued at $80,000.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 0.5 %

Shares of BATS USHY opened at $37.28 on Friday. The firm’s fifty day moving average price is $36.60 and its two-hundred day moving average price is $36.35. The company has a market capitalization of $11.42 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.2078 dividend. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, July 1st.

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.