First PREMIER Bank Buys Shares of 16,800 iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

First PREMIER Bank bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,800 shares of the company’s stock, valued at approximately $633,000.

A number of other institutional investors have also added to or reduced their stakes in USHY. Fisher Asset Management LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 5.5% in the 4th quarter. Fisher Asset Management LLC now owns 27,257,262 shares of the company’s stock worth $990,802,000 after buying an additional 1,414,856 shares during the last quarter. UMB Bank n.a. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 10.0% during the 2nd quarter. UMB Bank n.a. now owns 117,638 shares of the company’s stock valued at $4,268,000 after acquiring an additional 10,717 shares during the period. ORG Partners LLC acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter valued at $80,000. Pointe Capital Management LLC lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 12.0% in the 1st quarter. Pointe Capital Management LLC now owns 66,375 shares of the company’s stock valued at $2,429,000 after purchasing an additional 7,098 shares during the period. Finally, Vicus Capital lifted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 27.0% in the 1st quarter. Vicus Capital now owns 52,928 shares of the company’s stock valued at $1,937,000 after purchasing an additional 11,256 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

USHY opened at $37.25 on Wednesday. The firm has a market cap of $11.41 billion, a PE ratio of 17.02 and a beta of 0.34. The company has a 50-day moving average price of $37.16 and a two-hundred day moving average price of $36.59.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2069 per share. The ex-dividend date was Tuesday, September 3rd.

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.