Wilmington Savings Fund Society FSB Purchases 1,261 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Wilmington Savings Fund Society FSB boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 64.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,220 shares of the company’s stock after purchasing an additional 1,261 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $118,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in USHY. Fortitude Family Office LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth about $27,000. First Financial Corp IN bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth about $44,000. Transcendent Capital Group LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth about $49,000. GPS Wealth Strategies Group LLC raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 149.6% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,551 shares of the company’s stock worth $94,000 after acquiring an additional 1,529 shares during the last quarter. Finally, ORG Partners LLC raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 19.4% in the fourth quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock worth $96,000 after acquiring an additional 423 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:USHY opened at $37.22 on Friday. The business’s 50 day simple moving average is $37.05 and its 200 day simple moving average is $37.14. The firm has a market cap of $11.40 billion, a PE ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2143 per share. This is a boost from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares Broad USD High Yield Corporate Bond ETF

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.