Fisher Asset Management LLC Decreases Stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Fisher Asset Management LLC cut its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 12.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 249,563 shares of the company’s stock after selling 34,319 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $9,181,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Financial Corp IN purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth $44,000. Transcendent Capital Group LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth about $49,000. Wilmington Savings Fund Society FSB purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at about $74,000. BankPlus Trust Department bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $91,000. Finally, GPS Wealth Strategies Group LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 149.6% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,551 shares of the company’s stock valued at $94,000 after acquiring an additional 1,529 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

USHY opened at $37.13 on Wednesday. The stock has a market cap of $18.58 billion, a price-to-earnings ratio of 16.47 and a beta of 0.46. The firm’s 50 day moving average price is $37.09 and its two-hundred day moving average price is $37.20.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.2103 per share. The ex-dividend date of this dividend is Monday, March 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.