Blue Edge Capital LLC Reduces Stock Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Blue Edge Capital LLC decreased its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 103,069 shares of the company’s stock after selling 2,193 shares during the quarter. Blue Edge Capital LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $3,792,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Captrust Financial Advisors bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth $400,000. Continuum Advisory LLC raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 11.4% in the third quarter. Continuum Advisory LLC now owns 8,401 shares of the company’s stock valued at $312,000 after acquiring an additional 863 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 833.5% in 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth about $74,000. Finally, American Trust raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 35.2% in 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 in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $36.19 on Thursday. The company has a market capitalization of $19.70 billion, a PE ratio of 10.80 and a beta of 0.41. The company has a 50-day simple moving average of $36.88 and a two-hundred day simple moving average of $37.08. iShares Broad USD High Yield Corporate Bond ETF has a one year low of $34.90 and a one year 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 issued a dividend of $0.2103 per share. The ex-dividend date was Monday, March 3rd.

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.