iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Purchased by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P raised its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 21.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 539,185 shares of the company’s stock after acquiring an additional 94,712 shares during the quarter. Loomis Sayles & Co. L P’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $19,837,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USHY. OLD Point Trust & Financial Services N A acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at $47,000. Grey Fox Wealth Advisors LLC raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 5.9% in the fourth quarter. Grey Fox Wealth Advisors LLC now owns 152,350 shares of the company’s stock valued at $5,605,000 after buying an additional 8,530 shares in the last quarter. Wintrust Investments LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth about $67,000. EverSource Wealth Advisors LLC boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,021.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 17,844 shares of the company’s stock worth $656,000 after acquiring an additional 16,253 shares in the last quarter. Finally, Rebalance LLC increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.7% in the 4th quarter. Rebalance LLC now owns 1,650,037 shares of the company’s stock valued at $60,705,000 after acquiring an additional 42,934 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS USHY opened at $36.78 on Friday. The stock’s 50-day simple moving average is $37.13 and its 200-day simple moving average is $37.17. The firm has a market capitalization of $19.82 billion, a PE ratio of 10.80 and a beta of 0.47. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $35.55 and a fifty-two week high of $37.72.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

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