iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Stock Position Decreased by Horizon Investments LLC

Horizon Investments LLC lowered its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 155,679 shares of the company’s stock after selling 10,741 shares during the period. Horizon Investments LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $5,695,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 304.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 63,967,523 shares of the company’s stock worth $2,408,377,000 after purchasing an additional 95,267,754 shares during the period. Jones Financial Companies Lllp increased its position in iShares Broad USD High Yield Corporate Bond ETF by 7.2% in the fourth quarter. Jones Financial Companies Lllp now owns 19,425,031 shares of the company’s stock worth $714,647,000 after buying an additional 1,302,847 shares during the period. BNP Paribas Financial Markets lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 107.5% in the third quarter. BNP Paribas Financial Markets now owns 5,188,732 shares of the company’s stock valued at $195,356,000 after buying an additional 2,688,663 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 7.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,738,878 shares of the company’s stock valued at $63,973,000 after acquiring an additional 114,005 shares during the period. Finally, One Capital Management LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.7% during the fourth quarter. One Capital Management LLC now owns 1,656,964 shares of the company’s stock worth $60,960,000 after acquiring an additional 74,283 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.3 %

Shares of BATS:USHY opened at $36.89 on Tuesday. The company’s 50-day moving average price is $37.12 and its 200 day moving average price is $37.19. The company has a market cap of $19.88 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 firm 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 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.