Cary Street Partners Investment Advisory LLC Increases Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Cary Street Partners Investment Advisory LLC boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 2,759.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,376 shares of the company’s stock after purchasing an additional 6,153 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $225,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of USHY. Fisher Asset Management LLC raised its position in iShares Broad USD High Yield Corporate Bond ETF by 6.1% in the second quarter. Fisher Asset Management LLC now owns 24,165,954 shares of the company’s stock valued at $853,057,000 after purchasing an additional 1,392,680 shares during the period. Q3 Asset Management acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the second quarter valued at about $2,640,000. Grove Bank & Trust boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 2.0% during the second quarter. Grove Bank & Trust now owns 73,245 shares of the company’s stock worth $2,586,000 after buying an additional 1,414 shares during the period. Manning & Napier Group LLC increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 113.2% during the second quarter. Manning & Napier Group LLC now owns 104,136 shares of the company’s stock valued at $3,676,000 after acquiring an additional 55,294 shares during the last quarter. Finally, UMB Bank n.a. increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 8.6% during the second quarter. UMB Bank n.a. now owns 60,487 shares of the company’s stock valued at $2,135,000 after acquiring an additional 4,765 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of USHY stock opened at $35.20 on Tuesday. The firm has a market cap of $9.35 billion, a price-to-earnings ratio of 59.99 and a beta of 0.44. The business has a 50 day moving average of $34.58 and a 200 day moving average of $34.92.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, October 6th. Shareholders of record on Tuesday, October 3rd were paid a dividend of $0.1981 per share. This is a boost from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, October 2nd.

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.