First Horizon Advisors Inc. Has $379,000 Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

First Horizon Advisors Inc. grew its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 327.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,302 shares of the company’s stock after buying an additional 7,891 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $379,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USHY. JPMorgan Chase & Co. increased its stake 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 buying an additional 95,267,754 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of 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 in the last quarter. Sumitomo Life Insurance Co. increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,026.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 724,600 shares of the company’s stock valued at $26,658,000 after buying an additional 660,300 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter valued at $12,801,000. Finally, Flow Traders U.S. LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 151.7% in the third quarter. Flow Traders U.S. LLC now owns 128,034 shares of the company’s stock valued at $4,820,000 after buying an additional 77,164 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of BATS:USHY opened at $37.27 on Tuesday. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The firm has a fifty day simple moving average of $37.04 and a two-hundred day simple moving average of $37.18.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2143 dividend. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.21. The ex-dividend date was Monday, February 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.