1,288 Shares in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Acquired by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,288 shares of the company’s stock, valued at approximately $47,000.

A number of other hedge funds also recently modified their holdings of USHY. First Financial Corp IN acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth approximately $44,000. Wintrust Investments LLC purchased a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter valued at $67,000. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth $74,000. BankPlus Trust Department purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth $91,000. Finally, GPS Wealth Strategies Group LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 149.6% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,551 shares of the company’s stock valued at $94,000 after purchasing an additional 1,529 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

USHY opened at $36.99 on Friday. The company has a market capitalization of $19.93 billion, a PE ratio of 10.80 and a beta of 0.47. The business has a 50-day moving average of $37.12 and a 200-day moving average of $37.18. iShares Broad USD High Yield Corporate Bond ETF has a fifty-two week low of $35.55 and a fifty-two week high of $37.72.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.2103 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Broad USD High Yield Corporate Bond ETF

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.