IHT Wealth Management LLC Acquires Shares of 13,996 iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

IHT Wealth Management LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,996 shares of the company’s stock, valued at approximately $515,000.

A number of other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter valued at about $74,000. American Trust raised its position in shares of 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 valued at $9,269,000 after purchasing an additional 64,045 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 304.4% in the third quarter. JPMorgan Chase & Co. now owns 63,967,523 shares of the company’s stock valued at $2,408,377,000 after purchasing an additional 95,267,754 shares during the period. ORG Partners LLC lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 19.4% during the 4th quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock valued at $96,000 after buying an additional 423 shares in the last quarter. Finally, First Financial Corp IN bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth approximately $44,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of USHY stock opened at $36.72 on Friday. The stock has a market capitalization of $20.02 billion, a price-to-earnings ratio of 10.63 and a beta of 0.41. The company’s fifty day simple moving average is $36.63 and its two-hundred day simple moving average is $36.97. iShares Broad USD High Yield Corporate Bond ETF has a 1 year low of $34.90 and a 1 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. Investors of record on Monday, March 3rd were paid a dividend of $0.2103 per share. The ex-dividend date 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.