iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) is Rebalance LLC’s 8th Largest Position

Rebalance LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,607,103 shares of the company’s stock after buying an additional 41,041 shares during the period. iShares Broad USD High Yield Corporate Bond ETF makes up approximately 4.4% of Rebalance LLC’s holdings, making the stock its 8th largest holding. Rebalance LLC owned about 0.52% of iShares Broad USD High Yield Corporate Bond ETF worth $60,507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of USHY. Financial Management Professionals Inc. boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 1,973.1% during the 1st quarter. Financial Management Professionals Inc. now owns 2,239 shares of the company’s stock valued at $82,000 after buying an additional 2,131 shares during the period. Vicus Capital raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 27.0% during the first quarter. Vicus Capital now owns 52,928 shares of the company’s stock valued at $1,937,000 after acquiring an additional 11,256 shares during the last quarter. Private Ocean LLC purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the first quarter worth about $128,000. Fifth Third Securities Inc. grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 29.0% in the first quarter. Fifth Third Securities Inc. now owns 77,837 shares of the company’s stock worth $2,848,000 after purchasing an additional 17,518 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its holdings in iShares Broad USD High Yield Corporate Bond ETF by 43.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 18,234 shares of the company’s stock valued at $667,000 after purchasing an additional 5,562 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

BATS USHY traded down $0.06 on Wednesday, hitting $37.22. The company’s stock had a trading volume of 11,603,049 shares. The firm has a market capitalization of $11.40 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The firm’s 50-day simple moving average is $37.30 and its 200-day simple moving average is $36.65.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.2069 dividend. The ex-dividend date of this dividend was Tuesday, September 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.