iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Stock Position Lessened by Ameriprise Financial Inc.

Ameriprise Financial Inc. trimmed its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 26.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,988 shares of the company’s stock after selling 45,126 shares during the quarter. Ameriprise Financial Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $4,682,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth $805,000. Loomis Sayles & Co. L P increased its position in iShares Broad USD High Yield Corporate Bond ETF by 21.3% in the 4th quarter. Loomis Sayles & Co. L P now owns 539,185 shares of the company’s stock worth $19,837,000 after buying an additional 94,712 shares during the period. United Capital Financial Advisors LLC grew its position in iShares Broad USD High Yield Corporate Bond ETF by 217.3% in the 4th quarter. United Capital Financial Advisors LLC now owns 86,140 shares of the company’s stock worth $3,169,000 after purchasing an additional 58,988 shares during the last quarter. Rebalance LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 2.7% in the 4th quarter. Rebalance LLC now owns 1,650,037 shares of the company’s stock valued at $60,705,000 after acquiring an additional 42,934 shares in the last quarter. Finally, Grey Fox Wealth Advisors LLC boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 5.9% during the fourth quarter. Grey Fox Wealth Advisors LLC now owns 152,350 shares of the company’s stock worth $5,605,000 after buying an additional 8,530 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Down 0.0%

Shares of USHY opened at $36.76 on Monday. The company has a 50-day moving average price of $36.48 and a two-hundred day moving average price of $36.90. The stock has a market cap of $21.54 billion, a price-to-earnings ratio of 10.71 and a beta of 0.41. iShares Broad USD High Yield Corporate Bond ETF has a 12 month low of $34.90 and a 12 month high of $37.72.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2103 per share. The ex-dividend date was 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.