Arkadios Wealth Advisors purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,943 shares of the company’s stock, valued at approximately $361,000.
Other institutional investors also recently modified their holdings of the company. First Horizon Advisors Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 36,994.4% during the 4th quarter. First Horizon Advisors Inc. now owns 33,014 shares of the company’s stock valued at $1,200,000 after acquiring an additional 32,925 shares during the period. Natixis Advisors L.P. lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 147.3% during the fourth quarter. Natixis Advisors L.P. now owns 50,028 shares of the company’s stock valued at $1,818,000 after purchasing an additional 29,800 shares during the period. Pointe Capital Management LLC boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 7.3% in the fourth quarter. Pointe Capital Management LLC now owns 59,277 shares of the company’s stock worth $2,155,000 after purchasing an additional 4,028 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in iShares Broad USD High Yield Corporate Bond ETF by 1,149.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 21,059 shares of the company’s stock worth $766,000 after purchasing an additional 19,374 shares during the period. Finally, Ethos Financial Group LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at $645,000.
iShares Broad USD High Yield Corporate Bond ETF Price Performance
BATS USHY opened at $37.27 on Friday. The company has a market cap of $11.42 billion, a PE ratio of 17.02 and a beta of 0.34. The company’s fifty day moving average price is $36.69 and its two-hundred day moving average price is $36.39.
iShares Broad USD High Yield Corporate Bond ETF Increases Dividend
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.
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